NCLAT Bench Can Have Majority of Technical Members in Bharti Telecom Capital Reduction Case: Supreme Court

The Supreme Court of India delivered an important judgment concerning the composition of benches of the National Company Law Appellate Tribunal (NCLAT) under the Companies Act, 2013. The Court examined the scope of Section 418A Companies Act, 2013 and clarified that a bench of the NCLAT can legally consist of a majority of technical members, provided that at least one judicial member is present. The ruling came in a dispute…