NCLT definition
Examples of NCLT in a sentence
Copy of the Cheques by the Corporate Debtor for payment of the principal amount in full D is annexed herewith and marked as Annexure-A.” Despite the said Undertaking given before the NCLT, the Developer has failed to refund even the principal amount so far.
The Demerged Company and the Resulting Company shall file the certified copy of the order of the NCLT, sanctioning the Scheme, with the relevant jurisdictional Registrar of Companies in terms of Section 232(5) of the Companies Act.
The order of the NCLT sanctioning the Scheme shall be deemed to be an order of the National Company Law Tribunal permitting the Resulting Company to revise its financial statements and books of accounts and no further act shall be required to be undertaken by the Resulting Company.