New Delhi, Feb. 5 -- India's insolvency tribunals could take nearly a decade to clear their existing caseload if current disposal rates continue, raising concerns over mounting delays in the country's insolvency resolution framework, according to the Economic Survey 2025-26.
About 30,600 cases are pending before National Company Law Tribunals (NCLTs) nationwide, with the survey warning that systemic delays threaten the effective implementation of the Insolvency and Bankruptcy Code (IBC), 2016 by eroding its time-bound resolution framework, reported the Business Standard.
Resolution Timelines Far Exceed Statutory Limits
The Survey identified prolonged timelines as a major structural constraint, noting that although the IBC mandates comp...
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