Noun
NCLT (uncountable)
Initialism of noncirculating legal tender.
In its plea, Tata Sons has claimed that even Mistry had in his plea in the National Company Law Tribunal (NCLT) not sought reappointment to the top post at the group, since he was aware that his tenure had ended in March 2017. Source: Internet
The NCLAT also directed the interim resolution professional, appointed by the NCLT for the resolution of the company to hand over the assets and records to the board of directors. Source: Internet
“The newly appointed Board of directors comprising Navin Kumar Singhal, Tarun Chandmal Jain and Guggilam Rajagopalan Arun took the full control of the plant and a letter has been sent to National Company Law Tribunal (NCLT),” he added. Source: Internet
The NCLT Delhi bench on Tuesday approved the bid of state-owned NBCC to acquire debt-laden JIL through an insolvency process and complete around 20,000 pending flats over the next three and a half years. Source: Internet
Lavasa residents, however, are seeing these demands as a “political attempt” to add to the “troubles” of the already beleaguered hill city, whose promoters are facing insolvency and bankruptcy proceedings before National Company Law Tribunal (NCLT). Source: Internet
The NCLT had in March, 2018 admitted Aircel’s insolvency plea. Source: Internet