National Company Law Tribunal Bar ... vs Union Of India

The Supreme Court ruled in favor of the National Company Law Tribunal Bar Association, declaring the notification appointing 28 members to the National Company Law Tribunal as unconstitutional. The court found that the appointment violated Section 413 of the Companies Act, 2013, which mandates a five-year term for tribunal members. Consequently, the court quashed the impugned notification, reinforcing the statutory provisions governing appointments.