Categories: Business

NCLT okays record no. of cases, flags manpower shortage

The National Company Law Tribunal approved a record 78 resolution plans in April-June. This period saw approvals valued at Rs 5,518 crore, reaching nearly Rs 4.8 lakh crore total. The tribunal faces significant institutional capacity constraints and member vacancies. Current functioning is impacted by 11 unfilled judicial and technical member positions. No new member appointments have occurred since January 2025.

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