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Lawmin shoots down ex-SC justice Radhakrishnan's name for NCLAT chairman

The law ministry has advised against the setting up of the National Company Law Appellate Tribunal (NCLAT) to chair which recently retired Supreme Court justice KS Radhakrishnan’s name had been recommended, reported the Express.

The reported reason for this advice was that the National Company Law Tribunal – appeals from which would go to the NCLAT – had not yet been established.

On shooting down Radhakrishnan’s name recommendation the law ministry said that the name had to be approved by the Chief Justice of India (CJI), and also advised against appointing two judicial members to the yet-to-be constituted Tribunal, which is a statutory requirement under the new Companies Act.

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