Justice **Ashok Bhushan** was reappointed by the Government of India as the Chairperson of the National Company Law Appellate Tribunal (**NCLAT**) for an extended term effective till **July 2026**. His critical reappointment ensures essential continuity and much-needed stability in the functioning of the NCLAT, which plays a paramount role in adjudicating complex disputes arising under the Insolvency and Bankruptcy Code (IBC) and the Companies Act, thus stabilizing India's corporate regulatory framework.