NCLT Extends Limitation Period From March 15 Till Further Orders [Read Notice]
The National Company Law Tribunal has issued a notice intimating all the litigants that the extension of limitation period granted by the Supreme Court on Monday will be applicable to the cases falling within the NCLT's jurisdiction. With the objective of reducing physical filings in courts and tribunals across the countries during the COVID-19 pandemic, the Supreme Court had on...
The National Company Law Tribunal has issued a notice intimating all the litigants that the extension of limitation period granted by the Supreme Court on Monday will be applicable to the cases falling within the NCLT's jurisdiction.
With the objective of reducing physical filings in courts and tribunals across the countries during the COVID-19 pandemic, the Supreme Court had on Monday passed a general order extending the limitation, whether condonable or not, with effect from March 15, until further orders.
To obviate such difficulties and to ensure that lawyers/litigants do not have to come physically to file such proceedings in respective Courts/Tribunals across the country including this Court, it is hereby ordered that a period of limitation in all such proceedings, irrespective of the limitation prescribed under the general law or Special Laws whether condonable or not shall stand extended w.e.f. 15th March 2020 till further order/s to be passed by this Court in present proceedings", the bench comprising of CJI SA Bobde, Justices L Nageshwara Rao and Surya Kant had ordered.
Further, in view of the National Lockdown imposed by the Central Government from today, this move will act as a big relief to the litigants who have been rendered unable to access the courts.
The notice issued by the Tribunal states,
"With regard to Limitation,it is clear that the order dated 23.3.2020 passed by Hon'ble Supreme Court in suo motu WP-03/2020 is binding on everyone in India,for further clarification,it is hereby clarified that the litigant public with regard to the matters falling within jurisdiction of NCLT shall abide by the aforesaid orders of Hon'ble Supreme Court of India."
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