Stressed asset resolutions under the Insolvency and Bankruptcy Code faced delays due to staff shortages at the National Company Law Tribuna...

The Indian government is considering an important proposal to increase the number of members in the National Company Law Appellate Tribunal...

The government is reportedly considering a proposal to increase the number of members in the National Company Law Appellate Tribunal (NCLAT...

The primary objective is not only to expedite resolution of insolvency cases, which has significantly slowed down recently, but also to ens...

The Ministry of Corporate Affairs (MCA) is aiming for faster approvals of merger and acquisition (M&A) deals and quicker resolution of inso...

While, in terms of realisation of the amount for creditors, this is the second highest after FY19, when the total realisation was Rs 1.11 l...

Minister of State for Corporate Affairs Rao Inderjit Singh said filling up of vacancies is a continuous process and the vacancies of member...

As many as 9 judicial members and 6 technical members have been appointed to the NCLT, according to an official order. These members have b...

The acute shortage of members at NCLT prompted legal experts to believe that the tribunal may have issued such a notice.

“As the strength of the members of the NCLT and NCLAT is depleting which would be detrimental to the smooth functioning of the Tribunals, w...

The dedicated insolvency courts are already witnessing an acute shortage of judges. The Supreme Court Monday listed the matter for hearing ...

The government's prepackaged resolutions for MSMEs is also likely to put further strain on the system. Bankers, lawyers, Insolvency and Ban...

According to a notification issued by the NCLT Registrar on Tuesday, the new list comprises three judicial members.

"The members shall move to their new stations of posting, after lockdown restrictions on movement are withdrawn by the central government a...

NCLT Seeks clarity if “reporting to president” will be construed as joining or joining will be after oath-taking.

The government is expected to finalise 36 such appointments before the Election Code of Conduct kicks in.

NCLT was expected to be operational by April this year, with the principal bench based in Delhi and 20 benches in other cities.