The Institute of Company Secretaries of India addressed a representation to the Ministry of Corporate Affairs seeking prioritised listing and expedited disposal of matters pending before the National Company Law Tribunal under Sections 230–232 and 252 of the Companies Act, 2013, and Section 59 of the Insolvency and Bankruptcy Code, 2016. The Institute highlighted that such matters directly impact ownership rights, corporate governance, and business continuity, and delays in adjudication lead to prolonged disputes, management uncertainty, and reduced stakeholder confidence. It noted significant pendency across NCLT benches, with hearings often delayed or adjourned for extended periods. To address this, the Institute proposed allocating at least two dedicated days per week for such cases, prioritising their listing, and issuing uniform administrative directions across benches. These measures aim to ensure timely resolution, improve adjudicatory efficiency, and strengthen the ease of doing business in India.
THE INSTITUTE OF Company Secretaries of India
IN PURSUIT OF PROFESSIONAL EXCELLENCE
Statutory body under an Act of Parliament
(Under the jurisdiction of Ministry of Corporate Affairs)
G$CL: MCA: MAR:07/2026 | Dated: 30th March 2026
Ms. Deepti Gaur Mukerjee
Hon’ ble Secretary
Ministry of Corporate Affairs
Government of India
New Delhi
Respected Madam,
Subject: Request for prioritised listing of matters under Section 230-232 and Section 252 of the Companies Act, 2013 and Sections 59 under the Insolvency and. Bankruptcy Code, 2016 at various Benches of Hon’ble National Company law Tribunal.
Greetings from the Institute of Company Secretaries of India!
At the outset we express our gratitude to the Ministry for having a sensitised approach towards the issues faced by the stakeholders.
This has reference to the listing and disposal of matters under Section 230-232 and Section 252 of the Companies Act, 2013 and Section 59 under the Insolvency and Bankruptcy Code, 2016 at various Benches of Hon’ble National Company Law Tribunal.
Given that these matters are inherently sensitive and have a direct bearing on ownership rights, corporate governance, and the overall functioning and continuity of companies, any delay in their adjudication may result in prolonged disputes, uncertainty in management, and diminished stakeholder confidence.
It has been observed that, owing to the substantial pendency of cases before various Benches of the Hon’ble National Company Law Tribunal, matters under the aforesaid provisions are not being accorded the urgency they warrant. In several instances, such matters do not even get taken up within the scheduled time on the date of hearing, and effective hearings are often deferred for extended periods, sometimes exceeding a year.
Considering the significant implications of these cases on corporate stability and investor protection, there is an urgent need to ensure their timely and efficient disposal across all Benches of the Hon’ble Tribunal.
In this regard, it is humbly proposed that the Hon’ble Tribunal may consider the following measures:
- Designating at least two days each week for prioritised hearing of matters relating to Section 230-232 and Section 252 of the Companies Act, 2013, as well as Section 59 of the Insolvency and Bankruptcy Code, 2016;
- Listing such matters at the top of the Board on the designated days to facilitate effective and time-bound hearings; and
- Issuing appropriate administrative directions to all Benches to ensure consistency and uniformity in implementation.
It is submitted that the adoption of the above measures would considerably improve the efficiency of adjudication in critical corporate matters and further strengthen the ease of doing business in India.
We shall be pleased to provide any further information or clarification as may be required.
Thanking you,
Yours ithfully,
(CS Pawan G Chandak)
President
The Institute of Company Secretaries of India
