The National Company Law Tribunal has cancelled the summer vacation at all its Benches for the year 2020.
The President of the National Company Law Tribunal on Tuesday passed an order regarding this stating the Summer Vacations falling in the months of May, June and July 2020 as according to the calendar of the respective NCLT Bench stand cancelled. All Benches of NCLT will therefore remain functional during the said period.
The functioning of National Company Law Tribunal had previously been restricted along with suspension of all judicial work since the lockdown has been imposed in the Country due to outbreak of the COVID-19 pandemic.
In view of the lockdown announced by several State and Central Government in COVID-19 affected districts, all Benches of the National Company Law Tribunal had ordered its closure for judicial work. According to the Notice issued on, it was also notified that for unavoidable urgent matters, an application can be filed through email to the registry NCLT after service of notice to the other side.
In a more recent development the National Company Law Tribunal, also appealed to the stakeholders and litigants under Companies Act, 2013 and Insolvency and Bankruptcy Code, 2016 to file Joint Memo of Written Submissions, in order to expedite the virtual hearings.
-India Legal Bureau