Retired Justice Bansi Lal Bhat’s Term as Officiating Chairperson Of NCLAT Till he Turns 67 Years:
Today, the Central Government has extended the term of (Retd.) Justice Bansi Lal Bhat as the officiating Chairperson of the National Company Law Appellate Tribunal (NCLAT), till he attains the age of 67 years or till further orders and also The term of Justice AIS Cheema as the Judicial Member of NCLAT has also been extended till he attains the age of 67 years, or until further orders.
The Notification has been issued in this behalf by the Central Ministry of Corporate Affairs which states that:
In continuation of this Ministry’s notifications S.O. 3855(E) dated 28th October, 2020, the Central Government hereby revise the tenure of Justice (Retd.) Shri Bansi Lal Bhat and Justice (Retd.) Shri A.I.S. Cheema as Judicial Member, National Company Law Appellate Tribunal (NCLAT) for a period till their attaining the age of 67 years, or until further orders, whichever is earlier.
Justice Bansi Lal Bhat was appointed as Judicial Member of the National Company Law Appellate Tribunal, New Delhi on October 17, 2017. He was first appointed as an officiating Chairperson of NCLAT on March 12, 2020 and took charge on March 15, for a period of three months. His tenure was thereafter extended on several occasions. Justice Bhat will turn 67 on April 19, 2021, while Justice Cheema was appointed as a Member (Judicial) in NCLAT on September 11, 2017. He will turn 67 on September 21, 2021.
Recently in the high court of Delhi notice has been issued in the petition challenging his appointment. The Petitioner, Advocate Fozia Rahman, is aggrieved by the fact that the Central Government has not appointed the senior-most member of the NCLAT as its officiating Chairman.