“Very Unfortunate: Supreme Court Flags NCLT Delay” | Legal Guide

Описание: In a significant observation, the Supreme Court has expressed concern over prolonged delays by the National Company Law Tribunal (NCLT) in approving resolution plans. Highlighting a case pending for nearly two years, the Court termed the situation “very unfortunate” and called for a nationwide report to assess systemic delays.

This development raises serious questions about efficiency in insolvency proceedings and the timely delivery of justice.

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