NCLT Records Best-Ever Quarterly Performance; Chandigarh Bench Approves 9 Resolution Plans Worth Rs 1,079 Crore
Chandigarh,
( Justice News)
The National Company Law Tribunal (NCLT) has recorded its highest-ever quarterly performance with 107 Resolution Plans approved during the second quarter of FY 2026–27, with the Chandigarh Bench accounting for 9 approvals involving plans worth Rs 1,079.07 crore.
The 107 Resolution Plans approved between July and September 2026 mark the highest number cleared by the Tribunal in any quarter since its inception. The figure is also the highest number of approvals recorded during a second quarter in the history of the NCLT.
The Chandigarh Bench emerged as one of the significant contributors to this performance, approving nine Resolution Plans during the quarter. The plans approved by the Chandigarh Bench had a cumulative value of Rs 10,79,06,84,000, or approximately Rs 1,079.07 crore.
Across all NCLT Benches, the 107 Resolution Plans approved during the quarter represented an aggregate approved plan value of more than Rs 11,000 crore. Mumbai Bench approved the highest number of plans at 35, followed by the Principal Bench and New Delhi Bench with 29, while Chandigarh ranked among the benches with notable approvals.
The latest performance marks a substantial improvement over the corresponding quarters of previous years. The NCLT had approved 60 Resolution Plans in Q2 of FY 2025–26, 57 in FY 2024–25, 82 in FY 2023–24, 47 in FY 2022–23 and 20 in FY 2021–22. The current quarter’s figure of 107 is therefore the highest quarterly performance recorded by the Tribunal.
185 Resolution Plans approved in first half of FY 2026–27
The 107 approvals during the second quarter have taken the NCLT’s total number of Resolution Plans approved during the first half of FY 2026–27 to 185, following 78 approvals in the first quarter.
The cumulative number of Resolution Plans approved across NCLT Benches has consequently reached 1,735 as of September 30, 2026. The total approved amount across these plans stands at approximately Rs 4.89 lakh crore.
The Tribunal’s performance has come amid a continuing flow of applications seeking approval of Resolution Plans. As of September 30, 294 Resolution Plans were pending consideration for approval, while orders had been reserved in another 41 matters. Thus, 335 matters were at these two stages, representing a reduction from the 363 applications awaiting approval noted by the Supreme Court in April 2026.
Focus on pendency and case management
The NCLT has undertaken a series of administrative and institutional measures to improve case-flow management, streamline Registry processes and make more effective use of available judicial resources.
A strengthened mechanism for collecting and monitoring pendency and disposal data across its 16 Benches has been introduced. The system provides a more comprehensive picture of workload across Benches and Courts and enables better decisions regarding redistribution of cases and utilisation of judicial resources.
The Tribunal has also introduced a structured framework for registration and listing of cases, aimed at bringing greater uniformity to Registry practices and ensuring systematic preparation of Cause Lists. The framework provides appropriate prioritisation to older pending matters, including IBC admission matters and applications relating to approval of Resolution Plans.
Special Benches have also been constituted wherever required, alongside measures for redistribution of workload and maximising available Court time.
Technology-driven access to justice
As part of its continuing digital transformation, the NCLT has launched e-Inspection and e-Certified Copy services, enabling advocates, litigants and other stakeholders to access judicial records and certified copies more conveniently and quickly.
These initiatives form part of the Tribunal’s wider digital transformation, including the revamped NCLT website and ongoing implementation of e-Courts 2.0.
Performance despite institutional constraints
The latest performance comes despite constraints relating to institutional capacity and infrastructure. Against a sanctioned strength of 62 Members, in addition to the President, the Tribunal currently has 48 Members, leaving 14 vacancies. At present, 13 Courts are functioning on a full-day basis while 18 Courts are functioning on a half-day basis. Four additional Members are also due to demit office by the end of the current calendar year.
The Supreme Court has also taken suo motu cognizance of issues concerning the appointment of Judicial and Technical Members and infrastructure deficiencies in the NCLT.
Despite these challenges, the Tribunal has continued to focus on improving case management, reducing avoidable delays and making optimal use of the judicial and administrative resources available to it.
With nine Resolution Plans worth over Rs 1,079 crore approved by the Chandigarh Bench in the July–September quarter, Chandigarh has contributed significantly to the NCLT’s record national performance. The Tribunal remains committed to continuous institutional improvement, timely disposal of cases, efficient case management and optimal utilisation of available resources.
