Cases Pending Before the Company Law Board

The Government has informed the Lok Sabha that as on 31.7.2010, a total number of 2,688 cases are pending before Company Law Board. Giving this information in written reply to a question in the Lok Sabha today, Shri Salman Khurshid, Minister of Corporate Affairs, said that there has been no delay attributable to the Company Law Board in examination of cases by the Company Law Board. He further informed the House that there are total number of 9 posts in Company Law Board consisting of one Chairman, one Vice-Chairman and seven other Members. At present Chairman and five Members are in position. The Ministry of Corporate Affairs has been making all efforts to fill up the vacancies in the Company Law Board, Shri Khurshid said.