The Supreme Court raised concerns over MCA interference in NCLT administration, flagging staff shortages, poor infrastructure and outsourcing of recruitment to private firms
The Supreme Court raised concerns over MCA interference in NCLT administration, flagging staff shortages, poor infrastructure and outsourcing of recruitment to private firms
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In a stinging remark, the Supreme Court on Thursday orally remarked that the Ministry of Corporate Affairs has completely hijacked the National Company Law Tribunal and its appellate body, NCLAT. While calling for autonomy for the NCLT and NCLAT presidents over appointments, a bench comprising Chief Justice Surya Kant, Justices Joymalya Bagchi and V Mohana suggested deputation as an interim measure and phased regular recruitment through UPSC or SSC. "I know how contractors play their hands. The…
