Author: User

The Supreme Court has taken a strong stance on the administrative autonomy of the National Company Law Tribunal and the National Company Law Appellate Tribunal, observing orally that the Ministry of Corporate Affairs has completely hijacked these bodies. A bench comprising Chief Justice Surya Kant, Justice Joymalya Bagchi, and Justice V. Mohana noted during a hearing that executive control has severely undermined the operational independence of these corporate dispute settlement forums. The court advocated granting full appointment powers to the tribunal chairpersons while initiating regular permanent recruitments through the Union Public Service Commission or the Staff Selection Commission. ​Contractual Staff…