Ashok Kumar Bhardwaj

Ongoing proceedings at the National Company Law Tribunal (NCLT) in New Delhi highlight a pattern of adjournments across various corporate disputes, impacting cases involving companies like Divine Infracon, Shapes Steel, Fidus Finance, Elena Power, Flovel Hydro, Dorinda India Capital, Ayaan Finserve, and Brilliant Metals. These delays, consistently attributed to time constraints, suggest a potentially strained judicial process within the NCLT, which could prolong resolution timelines for creditors and stakeholders involved in insolvency and corporate governance matters. While the NCLT dismissed an expedited hearing request for Ayaan Finserve, the recurring scheduling adjustments introduce uncertainty and may warrant closer monitoring for investors assessing the efficiency of India’s corporate dispute resolution framework.