Is Justice Ashok Bhushan Reappointed as NCLAT Chairperson?
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Synopsis
In a significant move, the Centre has reappointed Justice Ashok Bhushan as the Chairperson of NCLAT, emphasizing his role in key legal matters. With a rich judicial history, his new term promises to enhance the tribunal's pivotal functions in corporate law.
Key Takeaways
- Justice Ashok Bhushan has been reappointed as NCLAT Chairperson.
- His new tenure will last until July 4, 2026.
- NCLAT handles appeals related to corporate law.
- Justice Bhushan has an extensive judicial background.
- He previously served as Chief Justice of the Kerala High Court.
New Delhi, Nov 7 (NationPress) The government has sanctioned the reappointment of Justice Ashok Bhushan, a former judge of the Supreme Court, as the Chairperson of the National Company Law Appellate Tribunal (NCLAT).
As per a notification from the Department of Personnel and Training (DoPT), the Appointments Committee of the Cabinet has approved the proposal from the Ministry of Corporate Affairs to extend Justice Bhushan's tenure at the NCLAT.
"The Appointments Committee of the Cabinet has approved the proposal for re-appointment of Justice (Retd.) Ashok Bhushan as Chairperson, National Company Law Appellate Tribunal (NCLAT), in the pay scale of Rs 2,50,000 (fixed) per month, effective from the date he assumes charge until reaching the age of 70 years, i.e., until July 4, 2026," the notification revealed.
Justice Bhushan, who previously held the position of Chief Justice of the Kerala High Court before his elevation to the Supreme Court, assumed the role of NCLAT Chairperson in November 2021.
The company appellate tribunal is essential for resolving issues related to the Companies Act, Insolvency and Bankruptcy Code (IBC), and the Competition Act.
He was appointed as a permanent judge of the Allahabad High Court in April 2001, later serving as Chairman of its Higher Judicial Service Committee and leading various key committees. In July 2014, he was sworn in as a judge of the Kerala High Court, became Acting Chief Justice the following month, and was appointed Chief Justice in March 2015. Justice Bhushan was elevated to the Supreme Court on May 13, 2016, and during his tenure, he was appointed Chairman of the Ravi Beas River Tribunal in July 2020. He retired from the Supreme Court on July 4, 2021.
Point of View
We recognize the significance of Justice Ashok Bhushan's reappointment. His extensive experience in the judiciary positions him as a cornerstone for adjudicating complex corporate matters. This decision reflects the government's commitment to maintaining a robust legal framework for corporate governance in India.
NationPress
07/11/2025
Frequently Asked Questions
What is NCLAT?
The National Company Law Appellate Tribunal (NCLAT) is an appellate tribunal that hears appeals against the orders of the National Company Law Tribunal (NCLT), focusing on corporate law matters.
Who is Justice Ashok Bhushan?
Justice Ashok Bhushan is a former judge of the Supreme Court of India and has previously served as Chief Justice of the Kerala High Court.
What are the responsibilities of NCLAT?
NCLAT adjudicates matters related to the Companies Act, Insolvency and Bankruptcy Code (IBC), and Competition Act, playing a vital role in corporate governance.
How long will Justice Bhushan serve as Chairperson?
Justice Bhushan's reappointment is effective until he reaches the age of 70, which is until July 4, 2026.
Why is this reappointment significant?
This reappointment underscores the government's trust in Justice Bhushan's expertise to manage and resolve critical corporate legal issues in the country.
