
Chapter 17
Legal and Regulatory Aspects of Corporate Governance 613
2016. The NCLT has eleven benches, two at New Delhi (one being the principal bench) and
one each at Ahmadabad, Allahabad, Bengaluru, Chandigarh, Chennai, Guwahati, Hyderabad,
Kolkata and Mumbai. Justice M. M. Kumar, a retired judge of the Punjab and Haryana High
Court has been appointed as President of the NCLT. The NCLT Bench at Bangalore began
functioning on 18 July, 2016. The NCLT will comprise a president and judicial and technical
members, as necessary. The NCLT has an appellate body called NCLAT, which consist of a
chairperson and a maximum of eleven judicial and ...