Jurisdiction of NCLT Benches
The jurisdiction of newly constituted 11 benches of National Compnay Law Tribunal(NCLT) will be as below :
1. NCLT, New Delhi Bench – State of Haryana, Rajasthan and Union Territory of Delhi;
and
NCLT, Principal Bench , New Delhi.
It must be noted that New Delhi will have two benches of NCLT.
Exclusive Monetary Jurisdiction has been created by Notification dated 29th June 2016 ,under which all issues of companies with paid up capital of more than Rs 50 Lakhs will be listed before NCLT, New Delhi Bench and/or NCLT, Principal Bench,New Delhi.
The Principal Bench will handle those issues which shall be ordered to be listed by the Honourable President of NCLT.
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