Headless NCLT awaits reforms to speed up resolution of pending cases

Over 20K cases pending and more than half linked to insolvency, bankruptcy

January 5, 2020, was the last time the National Company Law Tribunal (NCLT) had a full time president. Since then there have been five acting presidents - four of them in the last month alone - as the post had to be filled by the most senior person in line. One of them had only one-day tenure left while another some three days at the time of their top posting. 

While the government is concerned that both NCLT and appellate tribunal - NCLAT - are without president and chairman for more than a year, over 20,000 cases have piled up at