Justice Ashok Bhushan elected new chairman of NCLAT

• Retired Supreme Court judge Justice Ashok Bhushan has been appointed as the chairman of the National Company Law Appellate Tribunal (NCLAT).
• The central government has selected Justice Bhushan as the tribunal's head for a four-year term.
• Justice Bhushan will serve for four years or until he reaches the age of 70, whichever comes first.
• Its first chairperson Justice SJ Mukhopadhaya had retired on March 14, 2020, and since then it was functioning with Acting Chairpersons.

Important Takeaways

About NCLAT

• NCLAT: National Company Law Appellate Tribunal
• Founded: 1 June 2016