The Company Law Board CLB is an autonomous judicial agency that works under the authority of the Ministry of Corporate Affairs, Central Government of India. It is basically responsible for overseeing if the company law is followed by different companies or not. The board works under the authority of the amended 1956 Act of Companies. The National Company Law Tribunal will soon take over the company law board as directed in the Companies Act of 2013. The Principal Bench of the board is established in Delhi whereas there are a few regional benches as well. Those are located in Calcutta, Mumbai, Chennai and New Delhi. All the issues regarding the sections 388B, 269, 250 and 247 are taken care of by the principal bench located at Delhi whereas the matters regarding other sections of the act are addressed by the regional offices. Company Law Board is highly committed to providing the best implementation of the law.
To Know more visit https://clb.gov.in