NCLT approves 107 resolution plans in July–September 2026, its highest in any quarter; 335 plan applications pending or reserved on 30 September
The National Company Law Tribunal approved 107 resolution plans in the second quarter of FY 2026–27, which it says is the highest in any quarter since its inception, with an aggregate approved plan value of more than ₹11,000 crore. As on 30 September 2026, 294 resolution plans were pending for approval and orders were reserved in a further 41. The Tribunal is working with 48 Members against a sanctioned strength of 62.
Key facts
- In force
- Figures for 1 July to 30 September 2026; position as on 30 September 2026
- Who it affects
- Resolution applicants, financial and operational creditors, resolution professionals, corporate debtors and insolvency lawyers with matters before the NCLT
- Section
- Insolvency
- Published
- 7 October 2026
In 30 seconds
- NCLT approved 107 resolution plans from 1 July to 30 September 2026, against 60 in the same quarter of FY 2025–26.
- The aggregate approved plan value for the quarter is more than ₹11,000 crore; the Mumbai Bench approved 35 plans and the Principal Bench and New Delhi Bench 29.
- With 78 plans in the first quarter, 185 plans were approved in the first half of FY 2026–27; the cumulative total reached 1,735 as on 30 September 2026.
- As on 30 September 2026, 294 resolution plans were pending consideration and orders were reserved in 41 more — 335 in all, against 363 noted by the Supreme Court on 29 April 2026.
- A new framework for registration and listing gives priority to older matters, including IBC admission matters and resolution-plan approval applications.
- Working strength is 48 Members against a sanctioned 62; 13 Courts sit full-day and 18 half-day, and 4 more Members demit office by the end of the calendar year.
हिंदी में सार
NCLT ने 7 अक्टूबर 2026 की प्रेस विज्ञप्ति में बताया कि वित्त वर्ष 2026–27 की दूसरी तिमाही (जुलाई–सितंबर 2026) में 107 Resolution Plans मंज़ूर किए गए — किसी भी तिमाही में अब तक सबसे अधिक; पिछले साल इसी तिमाही में यह संख्या 60 थी। इन योजनाओं का कुल स्वीकृत मूल्य ₹11,000 करोड़ से अधिक है। 30 सितंबर 2026 को 294 योजनाएँ मंज़ूरी के लिए लंबित थीं और 41 में आदेश सुरक्षित थे। 62 स्वीकृत पदों के मुकाबले अभी 48 सदस्य कार्यरत हैं।
Before and now
60 in the second quarter of FY 2025–26.
107 in the second quarter of FY 2026–27.
The headline number
In a press release dated 7 October 2026, the National Company Law Tribunal (NCLT) said it approved 107 resolution plans in the second quarter of FY 2026–27 (1 July to 30 September 2026). It describes this as the highest number approved in any quarter since the inception of the Tribunal. The aggregate approved plan value was more than ₹11,000 crore.
| July–September quarter | Plans approved |
|---|---|
| FY 2026–27 | 107 |
| FY 2025–26 | 60 |
| FY 2024–25 | 57 |
| FY 2023–24 | 82 |
| FY 2022–23 | 47 |
| FY 2021–22 | 20 |
Together with 78 plans approved in the first quarter, the Tribunal approved 185 plans in the first half of FY 2026–27. The cumulative number approved across its Benches reached 1,735 as on 30 September 2026. The annexed tables show an approved amount of ₹16,588 crore for April to September 2026 and ₹4,89,292 crore cumulatively since 2017–18.
Bench-wise approvals in the quarter
| Bench | Plans approved | Approved amount (₹ crore, rounded) |
|---|---|---|
| Mumbai | 35 | 4,189.47 |
| Principal Bench & New Delhi | 29 | 1,648.74 |
| Chandigarh | 9 | 1,079.07 |
| Ahmedabad | 8 | 2,882.16 |
| Indore | 6 | 106.66 |
| Kolkata | 5 | 27.28 |
| Allahabad | 4 | 64.16 |
| Bengaluru | 4 | 509.03 |
| Hyderabad | 4 | 243.93 |
| Chennai | 1 | 17.36 |
| Guwahati | 1 | 14.90 |
| Jaipur | 1 | 288.37 |
| Total | 107 | about 11,071 |
What is still pending
The release recalls that on 29 April 2026 the Supreme Court, while considering delays in approval of resolution plans, noted that 363 applications were then awaiting approval before the NCLT. As on 30 September 2026, 294 resolution plans were pending consideration for approval and orders had been reserved in a further 41 — 335 matters at these two stages.
Measures the Tribunal lists
- Monitoring: a reporting mechanism that gives a real-time picture of workload and pendency across the Tribunal’s 16 Benches and its Courts, used for redistribution of cases where required.
- Listing: a new framework for registration and listing of cases, developed after consultation with the Bar, with prioritisation of older pending matters, including priority to IBC admission matters and applications for approval of resolution plans.
- Benches: constitution of Special Benches wherever required, redistribution of workload and efforts to maximise available Court time.
- Digital services: e-Inspection and e-Certified Copy services have been launched, alongside the revamped NCLT website and the ongoing implementation of e-Courts 2.0.
Members and infrastructure
Against a sanctioned strength of 62 Members, in addition to the President, the working strength is 48 — 14 vacancies. Thirteen Courts function on a full-day basis and 18 on a half-day basis, and 4 more Members are due to demit office by the end of the current calendar year.
The release also notes that the Supreme Court has taken suo motu cognizance of issues relating to appointment of Judicial and Technical Members and inadequate infrastructure in the NCLT. It has directed the Union of India to file a status report on the basic amenities available at the Principal and Regional Benches and to identify the amenities urgently required, in consultation with the President, NCLT.
Questions and answers
How many resolution plans did the NCLT approve in July–September 2026?
107, according to the NCLT press release of 7 October 2026. The Tribunal says this is the highest number approved in any quarter since its inception. The figure for the same quarter of FY 2025–26 was 60.
What was the value of the plans approved?
The release says the 107 plans involved an aggregate approved plan value of more than ₹11,000 crore. The annexed bench-wise table totals about ₹11,071 crore.
How many resolution plans are still awaiting approval?
As on 30 September 2026, 294 resolution plans were pending consideration for approval and orders had been reserved in a further 41, making 335 matters at these two stages. The Supreme Court had noted 363 applications awaiting approval on 29 April 2026.
Which Benches approved the most plans in the quarter?
The Mumbai Bench approved 35 plans and the Principal Bench and New Delhi Bench 29, followed by Chandigarh with 9 and Ahmedabad with 8.
How many Members does the NCLT have at present?
The working strength is 48 Members against a sanctioned strength of 62, in addition to the President — 14 vacancies. The release adds that 4 more Members are due to demit office by the end of the current calendar year.
Published 7 October 2026. Updated 9 October 2026. This report is for general information and is not professional advice. Read the source document before acting on it.