The Institute of Company Secretaries of India (ICSI) in association with National Company law Tribunal (NClT) Bar Association organised a symposium on the Companies Act 2013: NClT & NClAT-laws and Practice. The symposium saw insightful and information-packed sessions ranging from Appeals & Relevancy of laws in practise before NClT & NClAT, nuances of drafting before NClT and overview of code and insolvency resolutions. A book on Corporate Bankruptcy was also launched.
Speaking at the occasion, Mamta Binani, president, ICSI said, “The need of the hour is to set up specialised tribunals for matters related to corporate law. With the setting up of newly constituted National Company law Tribunal, it has paved the way for improving the scope and bringing transparency of ease of doing business and bringing all the matters of laws related to companies under a single window. The tribunal has eminent members which will not only have domain knowledge, but also have better understanding of the subject matter.”
The chief guest for the event was Justice SJ Mukhopadhaya, Chairperson, NClAT. He emphasised on the necessity for the change in the mentality of professionals in the manner of dealing with the cases avoiding casual approach.