NCLT posts best-ever first-quarter performance in insolvency resolutions despite member crunch
- Posted on July 14, 2026
- By Financial Express
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- 1 min read
India's National Company Law Tribunal achieves remarkable milestone by approving 78 corporate insolvency resolution plans during the first quarter of fiscal year 2027, representing the strongest quarterly performance in its history. Despite facing significant operational challenges including member vacancies and substantial case backlogs, the NCLT successfully processed insolvency cases valued at approximately Rs 5,517.7 crore. This achievement demonstrates the tribunal's enhanced efficiency and commitment to resolving corporate distress, offering creditors and stakeholders faster resolution pathways while maintaining procedural integrity.
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