NCLT clears 78 resolution plans involving Rs 5,518 cr in June quarter
- Posted on July 14, 2026
- By Business News Today
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- 1 min read
In brief
India's insolvency framework demonstrates robust performance as the NCLT approves 78 corporate restructuring plans valued at Rs 5,517.66 crore during Q1. This achievement represents record-breaking progress under the Insolvency and Bankruptcy Code since its inception. With cumulative approvals exceeding Rs 4.78 lakh crore across 1,628 cases, the tribunal continues strengthening India's debt resolution mechanism. However, pending judicial appointments may impact processing efficiency moving forward.
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NCLT clears 78 resolution plans involving Rs 5,518 cr in June quarter
The National Company Law Tribunal approved 78 resolution plans totaling Rs 5,517.66 crore. This marks the highest first quarter performance since the Insolvency and Bankruptcy Code's enactment. The tribunal has approved 1,628 plans involving over Rs 4.78 lakh crore to date. Currently, 349 applications for resolution plans remain pending before the tribunal. Appointments of Judicial and Technical Members have not occurred since January 2025.
