Lok Sabha Question No. 1232 (UNSTARRED), answered on 2025-12-08
Subject: Details of Membership and Case Pendency in NCLT
Ministry: CORPORATE AFFAIRS
Asked by: Shri Tanuj Punia

## 1232. SHRI TANUJ PUNIA

Will the Minister of CORPORATE AFFAIRS be pleased to state:

कॉरपोरेट कार्य मंत्री

- (a) the  number  of  sanctioned  and  functional  Members  (Judicial  and  Technical)  of  the  National Company Law Tribunal (NCLT) since 2019, year-wise;
- (b) the number of insolvency resolution cases under the Insolvency and Bankruptcy Code (IBC) that took more than 600 days for disposal since 2019, year-wise; and
- (c) the  average  recovery  rate  (in  percentage  and  in  rupee  terms)  of  admitted  claims  under  the Insolvency and Bankruptcy Code (IBC) from 2019-20 to 2024-25, year-wise?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF CORPORATE AFFAIRS; AND MINISTER OF STATE IN THE MINISTRY OF ROAD TRANSPORT AND HIGHWAYS

(HARSH MALHOTRA)

- (a) The  total  sanctioned  strength  of  Members  including  President  in  the  National  Company  Law Tribunal (NCLT) is 63. The number of functional Members in the NCLT since 2019, year-wise:

|   Sr. No. | Year             |   President |   Members |   Total Functional Strength |
|-----------|------------------|-------------|-----------|-----------------------------|
|         1 | As on 31.03.2019 |           1 |        27 |                          28 |
|         2 | As on 31.03.2020 |           0 |        45 |                          45 |
|         3 | As on 31.03.2021 |           0 |        29 |                          29 |
|         4 | As on 31.03.2022 |           1 |        41 |                          42 |
|         5 | As on 31.03.2023 |           1 |        42 |                          43 |
|         6 | As on 31.03.2024 |           1 |        53 |                          54 |
|         7 | As on 31.03.2025 |           1 |        59 |                          60 |

## GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS

## LOK SABHA UNSTARRED QUESTION NO. 1232

ANSWERED ON MONDAY, THE 8TH OF DECEMBER 2025 [17 AGRAHAYANA, 1947 (SAKA)]

## DETAILS OF MEMBERSHIP AND CASE PENDENCY IN NCLT

## QUESTION

## (b) During last six financial years (2019-20 to 2024-25), 1101 cases have yielded resolution plans under Insolvency and Bankruptcy Code, 2016. Details regarding period in resolution are as presented below: -

|   S. No. | Period   |   Number of Resolutions |   Cases taking more than 600 days in resolution |
|----------|----------|-------------------------|-------------------------------------------------|
|        1 | 2019-20  |                     132 |                                              11 |
|        2 | 2020-21  |                     119 |                                              30 |
|        3 | 2021-22  |                     142 |                                              52 |
|        4 | 2022-23  |                     186 |                                              89 |
|        5 | 2023-24  |                     263 |                                             120 |
|        6 | 2024-25  |                     259 |                                             121 |

## (c) During last six financial years (2019-20 to 2024-25), realizable value by creditors is Rs. 2.73 lakh crores. Year wise details of these cases are presented below:

(Amount in Rs. crore)

|        |         | Number of Resolutions   | Total Admitted   | Total            | Realisable Value as %of   | Realisable Value as %of   | Realisable Value as %of   |
|--------|---------|-------------------------|------------------|------------------|---------------------------|---------------------------|---------------------------|
| S. No. | Period  |                         | Claims           | Realisable Value | Admitted Claims           | Liquidation Value         | Fair Value                |
| 1.     | 2019-20 | 132                     | 1,64,568         | 41,826           | 25%                       | 166%                      | 77%                       |
| 2.     | 2020-21 | 119                     | 1,27,200         | 27,551           | 22%                       | 150%                      | 61%                       |
| 3.     | 2021-22 | 142                     | 1,95,383         | 46,369           | 24%                       | 138%                      | 87%                       |
| 4.     | 2022-23 | 186                     | 1,53,567         | 55,361           | 36%                       | 128%                      | 85%                       |
| 5.     | 2023-24 | 263                     | 1,68,927         | 46,176           | 27%                       | 136%                      | 94%                       |
| 6.     | 2024-25 | 259                     | 1,62,746         | 55,821           | 34%                       | 230%                      | 157%                      |

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