The court said it did not approve of appointment on contarctual basis.
Company Law Tribunal "Completely Hijacked" By Corporate Affairs Ministry: Supreme Court
In short
The Supreme Court issued a critical assessment regarding the current operations of the Company Law Tribunal. In its remarks, the court observed that the specialized tribunal has been completely hijacked by the Corporate Affairs Ministry. These statements emphasize significant judicial unease concerning the balance of power between the tribunal and the ministry.
Key points
- Executive control over the Company Law Tribunal has drawn sharp criticism from the Suprem…: Executive control over the Company Law Tribunal has drawn sharp criticism from the Supreme Court.
- The highest court determined that the Corporate Affairs Ministry has undermined the tribu…: The highest court determined that the Corporate Affairs Ministry has undermined the tribunal's operational independence.
- Scrutiny has intensified regarding the relationship between specialized commercial tribun…: Scrutiny has intensified regarding the relationship between specialized commercial tribunals and administrative government ministries.