[dropcap]C[/dropcap]entral Government has established the National Company Law Tribunal, Jaipur Bench at Jaipur.
The government had earlier informed Rajasthan High Court in March 2018, that it decided to establish a branch of Company Law Tribunal at Jaipur.
This submission was made by Union Government before the High Court in response to a petition filed by Rajasthan Bar Federation contending that in the absence of a tribunal the high court was flooded with cases of company affairs.
Central Government establishes the National Company Law Tribunal, Jaipur Bench at Jaipur. pic.twitter.com/CuXbIoWkm2
— The Leaflet (@TheLeaflet_in) June 29, 2018
After recording the submissions made by Union Government, High Court had posted the case for further hearing on July 4, 2018. In the meantime, Government issued the present notification.