Company Law Appellate Tribunal
Infra woes, pendency cripple NCLT as insolvency cases surge beyond capacity
The Insolvency and Bankruptcy Code (IBC) framework in 2025 was marked by mounting stress on timelines and capacity, with resolution processes stretching far beyond the statutory limits, despite efforts by the National Company Law Tribunal (NCLT) to cope with its limited capacity. Senior advocates and legal industry experts have voiced concerns over systemic delays, pointing to nearly 10,000 cases stuck at the admission stage, with recovery worth more than Rs 10 lakh crore locked in distressed assets, and to almost 24 of the 30 NCLT courts operating on half-day schedules. Delays stem not only from limited capacity but also from repeated adjournments, contested defaults, and excessive litigation under Section 60(5) of IBC. When asked about the overall functioning of NCLT, Senior Advocate Ramji Srinivasan told PTI: "There is a sense of disappointment." "The reasons for these are primarily not because of any lack of effort by the president of the NCLT, but the challenges that he faces
 "Infra woes, pendency cripple NCLT as insolvency cases surge beyond capacity")
Biz integrity critical to ensuring investor confidence: NCLAT Chairperson
Emphasising that business integrity is extremely important for economic growth, appellate tribunal NCLAT's Chairperson Justice Ashok Bhushan on Tuesday said companies have the first responsibility of preparing a set of accounts that can be trusted. He asserted that constant vigil needs to be exercised so that each element of the transparency and governance chain works properly and to its best capacity. The chairman of the National Company Law Appellate Tribunal (NCLAT) was speaking at the international conference on 'Transparent Financial Reporting and Audit Quality - Pillars of Corporate Governance', organised by the National Financial Reporting Authority (NFRA) in the national capital. "Companies have the first responsibility of preparing a set of accounts that can be trusted. In several cases, weak accounting practices have led to financial scandals. If record keeping is not proper, financial results are not accurate, the entire business environment suffers," Bhushan said. If th
 "Biz integrity critical to ensuring investor confidence: NCLAT Chairperson")
Deadline 14 days, but time to decide on admitting insolvency cases goes on
Resolution professional in Anil Ambani insolvency case says that it had been more than a year since a suit for recovery was filed against the businessman
 "Deadline 14 days, but time to decide on admitting insolvency cases goes on")
Untimely end of COMPAT
Regulatory reform should be more than mere inter se transfer of responsibilities
