Times of India | Staff crunch, infrastructure hit NCLT operations, must be addressed: Supreme Court
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The Supreme Court, observing that vacancies and inadequate infrastructure have crippled the functioning of National Company Law Tribunals (NCLTs) and caused severe delays—some cases waiting up to four years—the Court took suo‑motu action and ordered urgent remedial measures. A bench of Justices J B Pardiwala and K V Viswanathan warned that without swift action the purpose of the Insolvency and Bankruptcy Code would be thwarted, noting that most tribunal staff are on temporary contracts, salaries are often unpaid, and only 28 of the sanctioned 31 judicial members and 26 of the technical members are currently posted. The Court highlighted the backlog of 363 pending resolution proposals and called for “addressing the problem on war footing” to restore the tribunals’ role in rescuing distressed companies.
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