Centre Extends Term of Justice Bansi Lal Bhat as officiating Chairperson of NCLAT till December 31, 2020

The Central Government has once again extended the term of Justice (retd) Bansi Lal Bhat as the acting Chairperson of the National Company Law Appellate Tribunal (NCLAT).
Justice Bhat’s term has been extended till December 31, 2020 or until a regular Chairperson is appointed or until further orders, whichever is the earliest.
This is the third extension given to Justice Bhat.
Justice Bansi Lal Bhat was appointed as Acting Chairperson in March 2020, after the first Chairperson of NCLAT, Justice SJ Mukhopadhaya, demitted office upon completion of his term.
Initially, Justice Bhat’s was appointed for a period of three months, from March 2020 till June 2020. His term was, however, extended further till September 2020 and then for one month till October 2020.