Bankruptcy bottleneck: 380 resolution plans approved by lenders await NCLT nod

Apr 28, 2026 - 17:45
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Bankruptcy bottleneck: 380 resolution plans approved by lenders await NCLT nod
More than 380 corporate turnaround plans are pending clearance from NCLT benches. The Supreme Court's intervention, seeking status report, reflects concerns about prolonged delays in resolution processes under the IBC, with many cases exceeding the stipulated 330-day resolution timeframe.

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