News & Media 15th Jul 2026
Our Partner, Mukesh Chand shares his insight in MoneyControl, “NCLT approves record 78 insolvency resolution plans in Q1 FY27 despite staff shortages.”
He highlights that more importantly, these figures only capture the number of plans approved and it does not disclose the time taken by the Adjudicating Authority to approve plans after their approval by the Committee of Creditors. The case-wise data itself show that in several cases CIRPS commenced and plans were submitted before NCLTs many years earlier, indicating that delays in judicial approval continue to remain a challenge.
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