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MCA notifies appointment of Presidents of NCLT [Read Notification]

MCA - Presidents of NCLT - Taxscan
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MCA – Presidents of NCLT – Taxscan

The Ministry of Corporate Affairs on Monday notified the appointment of Presidents of National Company Law Tribunal (NCLT) under Section 415 of the Companies Act, 2013.

The Government has appointed Rajeswara Rao Vittanalla, Member (Judicial) shall act as President, NCLT with effect from June 1, 2021 and up to June 1, 2021 i.e. date of completion of his tenure as Member (Judicial).

Mr. Bethala Shantha Vijaya Prakash Kumar, Member (Judicial), National Company Law Tribunal (NCLT), has completed his tenure on May 31, 2021.

The MCA has further notified that consequent on the completion of the term of office of Shri Rajeswara Rao Vittanalla, Member (Judicial), National Company Law Tribunal (NCLT), on June 1, 2021, Ms. Manorama Kumari, Member (Judicial) shall act as President, NCLT with effect from June 2, 2021 and up to June 5, 2021 i.e. date of completion of her tenure as Member (Judicial).

“Consequent on the completion of the term of office of Ms. Manorama Kumari, Member (Judicial), National Company Law Tribunal (NCLT), on 05.06.2021, Shri R. Varadharajan, Member (Judicial) shall act as President, NCLT in terms of Section 415 of the Companies Act, 2013 (18 of 2013) with effect from 06.06.2021 and up to 09.06.2021 [i.e. date of completion of his tenure as Member (Judicial)],” the notification read.

Lastly, on the completion of the term of office of Shri R. Varadharajan, Member (Judicial), National Company Law Tribunal (NCLT), on 09.06.2021, Shri Bhaskara Pantula Mohan, Member (Judicial) shall act as President, NCLT in terms of Section 415 of the Companies Act, 2013 (18 of 2013), for a period of three months with effect from 10.06.2021 or until a regular President is appointed or until further orders, whichever is earliest.

To Read the full text of the Notification CLICK HERE

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