The term of Justice (retd) Bansi Lal Bhat as the officiating Chairperson of the National Company Law Appellate Tribunal (NCLAT) has been extended by the Central government till he attains the age of 67 years, or until further orders, whichever is earlier.
In a similar fashion, the term of Justice AIS Cheema as Judicial Member of NCLAT has also been extended till he attains the age of 67 years.
A Notification to this effect was published by the Ministry of Corporate Affairs, Government of India, in the Gazette of India on January 12, 2020.
It reads,
"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."
Born in 1954, Justice Bhat turns 67 on April 19, 2021 and Justice AIS Cheema will attain the age of 67 years on September 21, 2021.
Justice Bansi Lal Bhat was appointed as Acting Chairperson after the first Chairperson of NCLAT, Justice SJ Mukhopadhaya, demitted office upon completion of his term in March this year.
The appointment was for a period of three months with effect from March 15. His term was, however, extended from time to time.
Last year, the term of Justices Bhat and Cheema was extended by the Central government till December 31, 2020.
Read the Notification: