Former Supreme Court Judge, Justice Ashok Bhushan has been made the chairperson of the National Company Law Appellate Tribunal (NCLAT). The government also informed on Friday that former chief justice of Manipur High Court, Justice Ramalingam Sudhakar was appointed the president of the National Company Law Tribunal (NCLT).
“The Appointments Committee of the Cabinet has approved the proposal for appointment of Justice Ashok Bhushan, former Judge of the Supreme Court of India as Chairperson, NCLAT for a period of 4 years from the date of assumption of charge of the post, or till he attains the age of 70 years, or until further orders, whichever is the earliest,” as per an official notification dated October 28.
The appellate tribunal will have a permanent chairperson after a gap of nearly nineteen months. The institution has been spearheaded by acting chairpersons ever since the retirement of its first chairperson Justice S.J. Mukhopadhaya’s retirement on March 14, last year.
The two institutions are getting permanent heads after more than one-and-a-half years after the retirement of their respective incumbents.
The NCLT has been working without a permanent president ever since the retirement of Justice M.M. Kumar on January 5, 2020. After the Justice Kumar’s retirement, B.S.V Prakash Kumar was appointed acting president and given an extension. This was followed by six Acting Presidents.