ROLE OF NCLT IN CORPORATE DISPUTE RESOLUTION

AUTHOR – PRITI PAL* & DR. JYOTI YADAV**

* STUDENT AT AMITY UNIVERSITY

** PROFESSOR AT AMITY UNIVERSITY

BEST CITATION – PRITI PAL & DR. JYOTI YADAV, ROLE OF NCLT IN CORPORATE DISPUTE RESOLUTION, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 6 (4) OF 2026, PG. 54-61, APIS – 3920 – 0001 & ISSN – 2583-2344. DOI – https://doi.org/10.65393/IJLRV6I48

Abstract

The establishment of the National Company Law Tribunal (NCLT) under the Companies Act, 2013 represents a significant reform in India’s corporate dispute resolution mechanism. Designed as a specialized quasi-judicial body, NCLT consolidates the jurisdiction of various pre-existing forums to provide a unified, efficient, and time-bound platform for adjudication of corporate matters. This paper examines the role of NCLT in resolving key corporate disputes, including insolvency proceedings under the Insolvency and Bankruptcy Code, 2016, cases of oppression and mismanagement, mergers and amalgamations, and winding-up processes.

The study critically evaluates the effectiveness of NCLT in ensuring speedy justice, strengthening corporate governance, and improving investor confidence in the Indian corporate sector. While the tribunal has significantly reduced procedural delays and multiplicity of litigation, it continues to face challenges such as increasing case backlog, infrastructural limitations, and procedural complexities. Through doctrinal analysis, this paper highlights both the achievements and limitations of NCLT and suggests reforms to enhance its efficiency and institutional capacity.

The research concludes that although NCLT has transformed the corporate dispute resolution landscape in India, continuous structural and procedural improvements are essential to fully realize its objective of delivering swift and effective justice