Categories: Business

At 107, National Company Law Tribunal OKs record insolvency cases

The National Company Law Tribunal approved 107 corporate insolvency cases in the last quarter of the fiscal year. These cases had an estimated value of Rs 11,000 crore compared to previous quarters. However, the tribunal now faces significant vacancies among its members and challenges in its operations. With many judges retiring soon, the functioning of the tribunal is further affected.

The News Vista

Leave a Comment
Share
Published by
The News Vista
9 hours ago

Recent Posts

The skies have changed, so has IAF’s mission: 94 years of India’s air power

Raised on 8 October 1932, the Indian Air Force began with four Westland Wapiti biplanes…

31 minutes ago

3 years, 50,000 rifles later: Why US Army is moving on from the M7

In December, the US Army will introduce the M8 carbine, a new weapon designed for…

34 minutes ago

AI regulation consultation paper next month, says IT minister Vaishnaw

Union minister Ashwini Vaishnaw announced plans for a Consultation paper on AI regulations to address…

34 minutes ago

‘Calculated campaign driven by vested political interests’: 42 ex-judges back Gyanesh Kumar in open letter

Veterans said that "criticism of institutions is a democratic right. Denigration is not". They also…

36 minutes ago

39,815 rural families get pucca houses in Uttarakhand under PMAY-G

Since 2022, a total of 39,815 rural families in Uttarakhand received pucca houses under the…

40 minutes ago

‘Criminal conspiracy to hijack India’: Rahul ups the ante against govt, CEC

46 minutes ago