Tribunal Related Matters Services
NCLT and NCLAT proceedings, IBC insolvency, liquidation and winding up, and Armed Forces Tribunal matters handled by verified professionals.
Tribunal Related Matters cover specialised forums that decide corporate, insolvency and service disputes. The National Company Law Tribunal (NCLT) hears company-law and insolvency cases, with appeals to the National Company Law Appellate Tribunal (NCLAT); the Armed Forces Tribunal (AFT) hears service matters of armed forces personnel.
WCP's verified advocates, Company Secretaries and Chartered Accountants represent creditors, companies, promoters and personnel — preparing applications, replies, claims and appeals, and appearing at hearings.
What is covered:
- NCLT matters — oppression and mismanagement, schemes, compoundings and company petitions
- Insolvency under the Insolvency and Bankruptcy Code, 2016
- Liquidation and winding up
- NCLAT appeals
- Armed Forces Tribunal matters
An insolvency application can be filed against a company only for a default of ₹1 crore or more.
Chartered AccountantCompany SecretaryAdvocate / Lawyer
5 services under Tribunal Related Matters
Insolvency & Bankruptcy Code (IBC)
Insolvency under the IBC with verified professionals — Section 7, 9 and 10 applications, claim filing, CIRP participation and resolution plans.
Estimated Cost : ₹1,00,000 – ₹10,00,00090 days typical
NCLT (Law Tribunal)
NCLT proceedings by verified professionals — oppression and mismanagement, schemes of arrangement, company petitions and compoundings before the Tribunal.
Estimated Cost : ₹50,000 – ₹5,00,00060 days typical
NCLAT (Law Appellate Tribunal)
NCLAT appeals by verified professionals — appeals against NCLT orders under the Companies Act and IBC, stay applications and hearings before the Tribunal.
Estimated Cost : ₹50,000 – ₹5,00,00060 days typical
Liquidation / Winding Up
Liquidation and winding up by verified professionals — IBC liquidation, voluntary liquidation of solvent companies and alternatives such as strike-off.
Estimated Cost : ₹1,00,000 – ₹10,00,000180 days typical
Armed Forces Tribunal
Armed Forces Tribunal matters by verified advocates — service disputes, disability and service pensions, promotions and court-martial appeals.
Estimated Cost : ₹25,000 – ₹2,00,00090 days typical
Frequently asked questions
- What is the minimum default to start insolvency against a company?
- ₹1 crore, under the Insolvency and Bankruptcy Code, 2016.
- How long does a corporate insolvency process take?
- The IBC sets 180 days, extendable by 90 days, with an outer limit of 330 days including litigation, though cases often take longer in practice.
- Who can start insolvency against a company?
- Financial creditors under Section 7, operational creditors under Section 9 after a demand notice, and the company itself under Section 10.
- Where do NCLT appeals go?
- To the NCLAT, generally within 30 days of the order (plus up to 15 days for sufficient cause in IBC matters, and 45 days under the Companies Act), and then to the Supreme Court.
- What does the Armed Forces Tribunal decide?
- Service matters of armed forces personnel and appeals against court-martial findings and sentences.
- What is oppression and mismanagement?
- Conduct of a company's affairs that is unfair to shareholders or against the company's interests; eligible members can petition the NCLT under Sections 241–242.