Lok Sabha Question No. 2835 (UNSTARRED), answered on 2022-03-21
Subject: NCLT Benches
Ministry: CORPORATE AFFAIRS
Asked by: Sanjay Sadashivrao Mandlik, Ravindra Kushawaha, Manoj Kumar Tiwari, Khagen Murmu, Ravi Kishan Shukla, Sudheer Gupta, Bidyut Baran Mahato, Shrirang Appa Barne, Sambhajirao Mane Dhairyasheel, Prataprao  Jadhav

## GOVERNMENT OF INDIA

## MINISTRY OF CORPORATE AFFAIRS

## LOK SABHA UNSTARRED QUESTION NO. 2835 ANSWERED ON MONDAY, THE 21 ST  MARCH, 2022/ PHALGUNA 30, 1943 (SAKA)

## NCLT BENCHES QUESTION

## 2835. SHRI SANJAY SADASHIVRAO MANDLIK:

SHRI RAVINDRA KUSHWAHA:

SHRI MANOJ TIWARI:

SHRI KHAGEN MURMU:

SHRI RAVI KISHAN:

SHRI SUDHEER GUPTA:

SHRI BIDYUT BARAN MAHATO:

SHRI SHRIRANG APPA BARNE:

SHRI DHAIRYASHEEL SAMBHAJIRAO MANE:

SHRI PRATAPRAO JADHAV:

## Will the Minister of CORPORATE AFFAIRS

be pleased to state:

- (a)    whether  the  Government  proposes  to  set  up  more  benches  of National Company Law Tribunal (NCLT) in the next year and if so, the details thereof including the total number of NCLT benches presently operational in the country;
- (b)    the total number of cases currently pending before NCLT benches in  the  country  for  insolvency  and  other  routine  matters  since  its enactment, company-wise;
- (c)    the  number  of  cases  resolved  along  with  the  amount  of  NonPerforming Assets realized till date, company-wise;
- (d) the number of corporate debtors put under resolution process;
- (e)    whether  the  Government  proposes  to  increase  the  number  of appellate tribunals and NCLT benches or augment capacity of NCLT in the country and if so, the details thereof; and
- (f)    whether the Government has identified locations for setting up the benches of the NCLT, if so, the details thereof?

## ANSWER

MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION; MINISTER OF STATE (INDEPENDENT  CHARGE)  OF  THE  MINISTRY  OF  PLANNING;  AND MINISTER OF STATE IN THE MINISTRY OF CORPORATE AFFAIRS (RAO INDERJIT SINGH) (a), (e) and (f): The benches of National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) are being set up in  a  phased  manner  depending  on  quantum  of  workload  and  other factors. So far, one Principal Bench and 15 other benches of NCLT and one  Principal  Bench  and  one  other  Bench  of  NCLAT  have  been established. As of now no proposal to set up any new Bench of NCLT and NCLAT  is  under  consideration.  Apart  from  increase  in  number  of Benches, Government is taking all necessary steps to augment capacity of NCLT, including multiple courts at heavily loaded benches, appointment  of  members  from  time  to  time  to  fill  up  the  vacancies, implementation of e-court project, provision of requisite infrastructure, regular colloquiums for members, etc. (b) As per information provided by NCLT,  21,089 cases are pending with  NCLT  benches  as  on  31.01.2022,  including  13,188  cases  under Insolvency  and  Bankruptcy  Code  (IBC),  1,107  cases  of  Merger  and Amalgamation (M&A), and 6,794 other cases. (c) and (d): As per information provided by NCLT, total   4,656 cases have been put under resolution process  and 470 Resolution Plans have been approved amounting to Rs. 2,95,744.84 Cr., as on 31.01.2022.

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