Justice M. Venugopal has been named as the new Acting Chairperson of this Tribunal.
The NCLAT was constituted under the Companies Act, 2013 for hearing appeals against the orders of the National Company Law Tribunal (NCLT).
It is also an appellate tribunal for hearing appeals against the orders passed by NCLT under the Insolvency and Bankruptcy Code (IBC), and by the Insolvency and Bankruptcy Board of India (IBBI).
It is also the appellate tribunal to hear and dispose of appeals against any direction issued or decision made or order passed by the Competition Commission of India (CCI).