SUPREME COURT CRTICIZES NCLAT FOR LENGTHY ORDER INSPITE OF HAVING A LARGE NO. OF PENDENCIES

-By Subhrodeep Maiti and Ankit Supreme Court recently raises concern over the National Company Law Appellate Tribunal (NCLAT) questitioing its excessive time and energy in drafting a 17-page order for a routine delay condonation application. The Court highlights broader issues of case pendency and judicial efficiency, mainly in  insolvency and bankruptcy proceedings. Bench comprising Justice…

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