Supreme Court bench examines validity of NCLT and NCLAT
Updated : March 27, 2019 07:33 PM IST
The constitutional validity of Chapter XXVII comprising Sections 407 - 434 of the Companies Act 2013 which constitute NCLT and NCLAT is the issue before the five judges' bench comprising CJI Ranjan Gogoi, and Justices N V Ramana, D.Y. Chandrachud, Deepak Gupta and Sanjiv Khanna.
The petitioner has alleged that the creation of NCLT and NCLAT impinges on the basic structure of Constitution by affecting judicial independence.