The Central Government, through a Notification dated January 7, 2025, announced the appointment of 24 new members to the National Company Law Tribunals (NCLTs), comprising 11 Judicial Members and 13 Technical Members. These appointments, made under Section 408 of the Companies Act, 2013, are for a tenure of five years from the date the appointees assume charge or until they reach the age of 65 years, whichever is earlier.
The members have been appointed in the pay scale of ₹67,000–₹79,000 (Pre-Revised) or Level 15 in the pay matrix (₹1,82,200–₹2,24,100) as per the 7th Central Pay Commission recommendations.
The newly appointed Judicial Members are:
Justice Jyotsna Sharma
Sunil Kumar Aggarwal
Nilesh Sharma
Ashish Kalia
Vinay Goel
Labh Singh
Rammurti Kushawaha
Brajendra Mani Tripathi
Sushil Mahadeorao Kochey
Mohan Prasad Tiwari
Cheekati Radha Krishna
The Technical Members include:
Reena Sinha Puri
Kavita Bhatnagar
Cmde Siddharth Mishra
Hariharan Neelakanta Iyer
Shishir Agarwal
Sanjeev Kumar Sharma
Radhakrishna Sreepada
Ravindra Chaturvedi
Rekha Kantilal Shah
Man Mohan Gupta
Banwari Lal Meena
Yogendra Kumar Singh
Simmi Gupta
The notification emphasizes that these appointments aim to enhance the operational capacity of the NCLTs, allowing them to handle the growing caseload under corporate law and the Insolvency and Bankruptcy Code, 2016. This move underscores the Government's commitment to streamlining dispute resolution in corporate and insolvency matters.
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