File photo NEW DELHI: Observing that functioning of National Company Law Tribunals (NCLT) has been impaired by numerous vacancies and inadequate infrastructure — leading to substantial delay in deciding cases, particularly those involving resolution plans under Insolvency and Bankruptcy Code (IBC) — Supreme Court has taken suo motu cognisance and decided to initiate remedial measures, reports Amit Anand Choudhary.A bench of Justices J B Pardiwala and K V Viswanathan said the problems faced by the tribunals need to be “addressed on war footing, otherwise the very purpose and object of enacting IBC would stand frustrated”. It said NCLTs play an important role in the economy, as they try to sustain companies that are “going down the drain on account of various factors and keep them afloat”, but the condition prevailing at these tribunals is grim and dismal.In its order, the court noted that most of tribunals’ staffers, including for post of registrar, are appointed on a temporary basis and that the entire staff of NCLT, Mumbai, had once gone on a strike as salaries were not paid on time.SC said that “as per the report forwarded by registrar of the NCLT, principal bench, there are 363 applications (resolution proposals) awaiting approval”.“The delay as sought to be explained ranges from 48 days to 738 days. In some cases, the delay is up to four years. The reasons that have been assigned, by and large, are lack of adequate infrastructure and lack of infrastructure, resulting in half day sittings of benches, more particularly, due to interchange of combinations and large pendency of objections to the resolution plan filed by various stakeholders,” it said.The statutory sanctioned strength for all NCLT benches is 63 members — comprising a president and 31 judicial members and as many technical members. Currently, only 28 judicial members and 26 technical members are posted across benches.End of ArticleFollow Us On Social MediaVideosFuel Prices May Go Up Soon As Oil Firms Face Losses Amid Global Crude SpikeNine Dead As Tourist Boat Capsizes In Jabalpur, Survivors Allege Major Safety LapsesJPMorgan Executive Sued Over Sexual Abuse, Coercion And Racial Harassment Allegations In New YorkJabalpur Boat Tragedy: Mother Found Clutching Child After Bargi Dam Capsize, 9 DeadIndia Launches First Barrier-Less Toll System On NH-48: How MLFF Will Change Highway TravelTamil Nadu Poll Tension: Vijay’s TVK Office Set On Fire, Security Concerns RiseRahul Gandhi Flags Fuel Price Surge After ₹993 LPG Hike, Warns Petrol-Diesel Could Be NextPunjab Assembly Chaos | CM Bhagwant Mann Allegedly ‘Intoxicated’, Opposition Demands Alcohol TestPakistan admits fuel vulnerability amid global oil shock; compares energy security with IndiaCommercial LPG Surges Past ₹3000, Hotels Warn Of Price Hike Impact | Watch123PhotostoriesMorning affirmation at 5am: Simple habits that feel less like routine, more like reflectionHow to make South Indian Tamarind Rice for summer lunchMaharashtra Day 2026: Chef Sanjeev Kapoor honours the culinary heritage of the stateBest time to do yoga: Morning vs evening; What works better for your body?How Raghav Chadha’s mango shake differs from a regular mango shake; details insideRaw mango vs ripe mango: Which is a safer, smarter choice for people living with diabetes?From Daffodils to Castor beans: 5 Plants that can be deadly for your pet dogSons vs daughters: 5 ways parents treat them differently without realising and the impact it leavesDo Mangoes cause body heat? What happens when you eat too many Mangoes, doctor explains6 simple tips to keep your pet safe during extreme heatwave123Hot PicksExit Poll Result 2026Bengal Election 2026Bengal ElectionPM ModiAjay Pal SharmaBengal Poll RecordHimanta Biswa SarmaTop TrendingStock Market Holiday TodayBank Holiday MayVande Bharat expressLPG cylinder price hikeMumbai missing linkPetrol, Diesel, LPG priceCBSE Class 12th ResultNEET 2026: Exam-day guideBSE AP SSC Class 10th ResultIPL Orange Cap
NEW DELHI: Observing that functioning of National Company Law Tribunals (NCLT) has been impaired by numerous vacancies and inadequate infrastructure — leading to substantial delay in deciding cases, particularly those involving resolution plans under Insolvency and Bankruptcy Code (IBC) — Supreme Court has taken suo motu cognisance and decided to initiate remedial measures, reports Amit Anand Choudhary.A bench of Justices J B Pardiwala and K V Viswanathan said the problems faced by the tribunals need to be “addressed on war footing, otherwise the very purpose and object of enacting IBC would stand frustrated”. It said NCLTs play an important role in the economy, as they try to sustain companies that are “going down the drain on account of various factors and keep them afloat”, but the condition prevailing at these tribunals is grim and dismal.In its order, the court noted that most of tribunals’ staffers, including for post of registrar, are appointed on a temporary basis and that the entire staff of NCLT, Mumbai, had once gone on a strike as salaries were not paid on time.SC said that “as per the report forwarded by registrar of the NCLT, principal bench, there are 363 applications (resolution proposals) awaiting approval”.“The delay as sought to be explained ranges from 48 days to 738 days. In some cases, the delay is up to four years. The reasons that have been assigned, by and large, are lack of adequate infrastructure and lack of infrastructure, resulting in half day sittings of benches, more particularly, due to interchange of combinations and large pendency of objections to the resolution plan filed by various stakeholders,” it said.The statutory sanctioned strength for all NCLT benches is 63 members — comprising a president and 31 judicial members and as many technical members. Currently, only 28 judicial members and 26 technical members are posted across benches.
