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9,073 cases pending in NCLT till Jan 31

IANS  |  New Delhi 

A total of 9,073 cases are under consideration in (NCLT) as on January 31, Parliament was told on Tuesday.

These include 1,630 cases of merger and amalgamation, 2,511 cases of insolvency and 4,932 cases under other sections of the Companies Act, told the Rajya Sabha in a written reply.

"All efforts are being taken to dispose off the cases as per the time limits laid down in the Companies Act, 2013 and the Insolvency and Bankruptcy Code, 2016," he said.

He added that electronic and among other systems were being used extensively to ensure quick disposal of the cases.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, March 13 2018. 20:24 IST