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Behalf by the Undersigned, Thereunder Duly Authorized Finanznachrichten  Form

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good afternoon everyone and welcome back to our weekly webinar series on IBC and other matters today's topic is of special importance I think we have seen very less discussion or very few uh such sessions on nclt rules 2016 although for Advocates who are in practice in nclt the reference to these rules must be regular but I think it's important for us to understand what is in the rules and understand to understand ibc's implementation better over to answer thank you Ankita so we thought of this subject which is nclt rules 2016 when this uh this structure of nclt was formulated by central government and all the cases from company law board was transferred to nclt and some of the cases from high court or probably most of the cases from high courts were also transferred to nclt benches now these nclt rules in fact these were made before much before the IBC was promulgated however these rules are applicable on the proceedings on the proceedings in nclt so there are

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