Whalesbook
SC ne NCLT ke 'grim' haal pe kiya intervention!
Supreme Court ne bola hai ki NCLT mein resolution plans approve karne mein jo delays ho rahe hain, woh situation 'grim and dismal' hai. Yaar, IBC ka jo purpose hai, woh hi khatam ho raha hai iss speed se. Current mein 383 applications toh 738 dinon se pending hain! Judges J.B. Pardiwala aur K.V. Viswanathan ne kaha hai ki yeh emergency situation hai aur iss pe 'war footing' pe kaam hona chahiye.
IBC ke successes, par challenges bhi kam nahi!
India ka IBC code acha hai, creditors ko pehle se zyada recovery mil rahi hai, lekin ab cases resolve hone mein 713-853 din lag rahe hain. Legal limit toh sirf 330 din ki hai! Compare karo toh UK, US, Singapore jaise countries mein 1 saal se kam mein cases sort ho jaate hain. Iski wajah se lagbhag ₹10-15 lakh crore capital stuck hai aur ₹10 lakh crore worth distressed assets bhi adke hue hain.
Staff ki kami aur infrastructure ka bura haal!
Asal problem yeh hai ki NCLT mein 54 members hi kaam kar rahe hain, jabki 63 approved hain. Aur 30 benches hain jo IBC aur Companies Act dono cases handle kar rahi hain. Kai benches toh sirf half-days chalti hain. Experts keh rahe hain ki iss speed se backlog saaf hone mein decade lag sakta hai.
Investor confidence pe Attack!
Itni delays se foreign investors dar sakte hain aur apna paisa nikal sakte hain. Supreme Court ne contractual staff ko registrars banane par bhi sawaal uthaya hai. Agar system reliable nahi hoga toh koi yahan invest karne se pehle sau baar sochega. Agar SC aur government ne time pe reforms nahi kiye, toh IBC ne jo bhi progress kiya hai, woh sab waste ho jayega.