Nine judicial, technical members join NCLT after taking oath

Nine judicial, technical members join NCLT after taking oath

NCLT President Justice Ramalingam Sudhakar administered oath to newly inducted four judicial and five technical members

FPJ Web DeskUpdated: Friday, November 18, 2022, 05:35 PM IST
article-image
Image Source: Wikipedia (Representative)

Nine judicial and technical members of the National Company Law Tribunal (NCLT) took the oath of office during a ceremony conducted at the insolvency tribunal's offices in the city.

With the induction of these members, the strength has increased to 36 from the existing 27 as against sanctioned strength of 63.

The NCLT adjudicates matters related to the Insolvency and Bankruptcy Code (IBC) and companies law is grappling with a shortage of judges.

NCLT President Justice Ramalingam Sudhakar administered oath to newly inducted four judicial and five technical members.

The newly-appointed Judicial Members are Kuldip Kumar Kareer, Bidisha Banerjee, Praveen Gupta and Ashok Kumar Bhardwaj.

While, the Technical Members are - Atul Chaturvedi, Anu Jagmohan Singh, Ashish Verma, Charan Singh and Prabhat Kumar.

Earlier this month, the government appointed a total of 15 judicial and technical members at NCLT.

These members have been appointed for a period of five years from the date of taking charge or till they attain the age of 65 years, whichever is earlier.

The NCLT has a total of 28 benches, with a sanctioned strength of 63 members. This includes 31 each from the judicial and administrative sides along with its president, who heads the principal bench in New Delhi.

With inputs from Agencies

RECENT STORIES

Lodha Developers To Launch ₹14k Cr Worth Housing Projects In 2nd Half Of FY26

Lodha Developers To Launch ₹14k Cr Worth Housing Projects In 2nd Half Of FY26

Gold Could Retest Record Highs As Traders Eye Powell's Speech, RBI Policy: Analysts

Gold Could Retest Record Highs As Traders Eye Powell's Speech, RBI Policy: Analysts

Udyogini Yojana: A Big Opportunity For Women Entrepreneurs, Find Out How You Can Get A Loan Up to...

Udyogini Yojana: A Big Opportunity For Women Entrepreneurs, Find Out How You Can Get A Loan Up to...

NSE, BSE Impose ₹5.42 Lakh Penalty On MTNL For Violating SEBI Board Composition Rules

NSE, BSE Impose ₹5.42 Lakh Penalty On MTNL For Violating SEBI Board Composition Rules

Netbanking 2.0 To Make Online Payments Faster, NPCI’s New ‘Banking Connect’ Brings QR Payments...

Netbanking 2.0 To Make Online Payments Faster, NPCI’s New ‘Banking Connect’ Brings QR Payments...