NCLT, NCLAT 'hijacked' by corporate affairs ministry: Supreme Court

The Supreme Court expressed discontent with the Ministry of Corporate Affairs regarding appointments in the National Company Law Tribunals. The court emphasized the need for NCLT and NCLAT to gain full autonomy over their staff. It criticized arrangements outsourcing tribunal staff recruitment to private companies, which could jeopardize existing contractual employees. The court urged comprehensive proposals from NCLT and NCLAT presidents to improve operational requirements.