The National Company Law Tribunal (NCLT) has recorded its highest-ever first-quarter performance in terms of approving resolution plans since the enactment of the Insolvency and Bankruptcy Code, 2016 (IBC). Between April and June 2026, the tribunal approved 78 resolution plans across its benches, involving an aggregate approved value of ₹5,517.66 crore.
While approving these 78 resolution plans, the tribunal also disposed of 1,676 interlocutory applications in the main insolvency proceedings, in addition to 68 interlocutory applications decided along with the resolution plans.
As of June 30, the tribunal had approved 1,628 resolution plans, involving an aggregate approved value of over ₹24.78 lakh crore. Meanwhile, 349 applications…