The National Company Law Tribunal (“NCLT”) has issued a circular dated 04.05.2023 notifying the constitution of the Vacation Bench for the NCLT benches having a vacation in the month of May 2023. Further, only urgent matters would be heard during the vacation period, subject to the availability of the Hon’ble Member(s).
During the vacation, only urgent matters at NCLT Benches shall be taken up subject to the availability of the Hon’ble Member (s). Hon’ble Member (s) shall grant hearing to the urgent matters as per their convenience.
The Vacation Benches shall be conducted through Video Conference. and the Constitution of the Bench is as per section 419 (3) of the Companies Act, 2013.
The registry shall remain open during the Vacation.
This issues with the approval of Hon’ble President, NCLT.
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