The government has started the process for selecting members for the National Company Law Tribunal (NCLT).
The tribunal, to be set up under the Companies Act, 2013, will replace the Company Law Board (CLB).
In a written reply to the Rajya Sabha on Tuesday, Corporate Affairs Minister Arun Jaitley said the process for constitution of NCLT has already been initiated, with "the selection process for (judicial as well as technical) members of NCLT and technical members of National Company Law Appellate Tribunal (NCLAT) having commenced".
Steps have also been taken to make provisions for infrastructure and other supportive requirements for the tribunals, he added.
The tribunal, to be set up under the Companies Act, 2013, will replace the Company Law Board (CLB).
In a written reply to the Rajya Sabha on Tuesday, Corporate Affairs Minister Arun Jaitley said the process for constitution of NCLT has already been initiated, with "the selection process for (judicial as well as technical) members of NCLT and technical members of National Company Law Appellate Tribunal (NCLAT) having commenced".
Steps have also been taken to make provisions for infrastructure and other supportive requirements for the tribunals, he added.
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