“This is also the highest number of Resolution Plans approved in any second quarter since the NCLT was established,” the statement said.
The NCLT had approved 60 Resolution Plans in the second quarter 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.
“Together with 78 Resolution Plans approved during the first quarter of the current financial year, the Tribunal has approved 185 Resolution Plans during the first half of FY 2026–27,” the statement said, adding the cumulative number of Resolution Plans approved by the NCLT across its Benches has consequently reached 1,735 as on September-end 2026.
The Tribunal has also introduced a new framework for registration and listing of cases, the statement said, adding this is with the objective of bringing greater uniformity in Registry practices and ensuring more systematic preparation of Cause Lists. This provides for appropriate prioritisation of older pending matters, including priority to Insolvency and Bankruptcy Code (IBC) admission matters and applications relating to approval of Resolution Plans.