**Executive Summary**
This document is an answer provided on December 8, 2025, to Unstarred Question No. 1232 in Lok Sabha, regarding the details of membership and case pendency in the National Company Law Tribunal (NCLT). The answer provides information on the sanctioned and functional members of NCLT, cases taking more than 600 days for resolution under the Insolvency and Bankruptcy Code (IBC), and the average recovery rate for admitted claims from 2019-20 to 2024-25.
**Key Points / Main Content**
* **NCLT Membership:**
* The total sanctioned strength of NCLT members is 63.
* Functional membership details year-wise from 2019-2025 are provided including President and members.
* **IBC Case Resolution:**
* 1101 cases have yielded resolution plans under IBC from 2019-20 to 2024-25.
* Details of the number of resolutions and cases taking more than 600 days are provided year-wise from 2019-2025.
* **Recovery Rate:**
* The realizable value by creditors during the last six financial years (2019-20 to 2024-25) is Rs. 2.73 lakh crores.
* Year-wise details are provided including the number of resolutions, total admitted claims, total realizable value, realizable value as a percentage of admitted claims, liquidation value, and fair value.
**Impact Analysis**
**Stakeholder:** Ministry of Corporate Affairs
* **Impact:** The Ministry provided the data and is responsible for oversight of NCLT operations and IBC implementation.
* **Action Required:** Review the data provided to identify trends and areas for improvement in NCLT functioning and IBC effectiveness.
**Stakeholder:** Creditors
* **Impact:** The data on recovery rates provides insight into the effectiveness of the IBC process in recovering admitted claims.
* **Action Required:** Use the provided recovery rate data to assess the potential returns on investments and to make informed decisions regarding participation in IBC processes.
**Stakeholder:** National Company Law Tribunal (NCLT)
* **Impact:** The data will be used to assess the efficiency in disposing of cases and managing resources.
* **Action Required:** Focus on improving the rate of case disposal, ensuring a streamlined resolution process, and reducing the number of cases taking more than 600 days.
Key Entities Referenced
National Company Law Tribunal (NCLT): Tribunal dealing with matters related to Indian companies.
Insolvency and Bankruptcy Code (IBC): Indian law that consolidates the framework for insolvency and bankruptcy.
Ministry of Corporate Affairs: The Indian ministry responsible for administering the Companies Act 2013 and other laws related to companies.
GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS
LOK SABHA
UNSTARRED QUESTION NO. 1232
ANSWERED ON MONDAY, THE 8TH OF DECEMBER 2025
[17 AGRAHAYANA, 1947 (SAKA)]
DETAILS OF MEMBERSHIP AND CASE PENDENCY IN NCLT
QUESTION
1232. SHRI TANUJ PUNIA
Will the Minister of CORPORATE AFFAIRS कॉरपोरेट कार्य मंत्री
be pleased to state:
(a) the number of sanctioned and functional Members (Judicial and Technical) of the National
Company Law Tribunal (NCLT) since 2019, year-wise;
(b) the number of insolvency resolution cases under the Insolvency and Bankruptcy Code (IBC) that
took more than 600 days for disposal since 2019, year-wise; and
(c) the average recovery rate (in percentage and in rupee terms) of admitted claims under the
Insolvency and Bankruptcy Code (IBC) from 2019-20 to 2024-25, year-wise?
ANSWER
MINISTER OF STATE IN THE MINISTRY OF CORPORATE AFFAIRS; AND MINISTER OF
STATE IN THE MINISTRY OF ROAD TRANSPORT AND HIGHWAYS
(HARSH MALHOTRA)
(a) The total sanctioned strength of Members including President in the National Company Law
Tribunal (NCLT) is 63. The number of functional Members in the NCLT since 2019, year-wise:
Sr. No. Year President Members Total Functional Strength
1. As on 31.03.2019 1 27 28
2. As on 31.03.2020 0 45 45
3. As on 31.03.2021 0 29 29
4. As on 31.03.2022 1 41 42
5. As on 31.03.2023 1 42 43
6. As on 31.03.2024 1 53 54
7. As on 31.03.2025 1 59 60
1(b) During last six financial years (2019-20 to 2024-25), 1101 cases have yielded resolution plans
under Insolvency and Bankruptcy Code, 2016. Details regarding period in resolution are as presented
below: -
Cases taking more than 600 days
S. No. Period Number of Resolutions
in resolution
1. 2019-20 132 11
2. 2020-21 119 30
3. 2021-22 142 52
4. 2022-23 186 89
5. 2023-24 263 120
6. 2024-25 259 121
(c) During last six financial years (2019-20 to 2024-25), realizable value by creditors is Rs. 2.73 lakh
crores. Year wise details of these cases are presented below:
(Amount in Rs. crore)
Total Total Realisable Value as % of
Number of
S. No. Period Admitted Realisable Admitted Liquidation Fair
Resolutions
Claims Value Claims Value Value
1. 2019-20 132 1,64,568 41,826 25% 166% 77%
2. 2020-21 119 1,27,200 27,551 22% 150% 61%
3. 2021-22 142 1,95,383 46,369 24% 138% 87%
4. 2022-23 186 1,53,567 55,361 36% 128% 85%
5. 2023-24 263 1,68,927 46,176 27% 136% 94%
6. 2024-25 259 1,62,746 55,821 34% 230% 157%
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