19844 Pending Cases Before NCLT Till 31st July

Sharing is caring!

A total of 19,844 cases were pending before the National Company Appellate Tribunal’s (NCLT) various benches as of July 31, Parliament was informed.

In a written reply to a question in the Lok Sabha, Minister of State for Finance Anurag Thakur said that out of the total, over 12,000 cases were under the Insolvency and Bankruptcy Code (IBC).

“As on 31st July, 2020, total 19,844 cases were pending before the National Company Law Tribunal (NCLT), including 12,438 cases under Insolvency and Bankruptcy Code (IBC),” he said.

The minister also informed the house that a total of 320 posts of officers and staff have been created in the NCLT.

He, however, denied any plans to increase the strength of NCLT benches to address the impact of Covid-19 economic pressures.

The ‘e-court’ project is being implemented in all 16 benches of the NCLT, he said, adding that e-filing has been started in nine benches so far and it will be extended to the remaining benches also.

SMEStreet Edit Desk

SMEStreet Edit Desk is a small group of excited and motivated journalists and editors who are committed to building MSME ecosystem through valuable information and knowledge spread.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: