NCLT Indore non-functional since 2017: Madhya Pradesh High Court seeks Centre's response

The Madhya Pradesh High Court has sought a response from the central government regarding the non-functional status of the NCLT (National Company Law Tribunal) Indore bench since 2017. The High Court's intervention underscores the severe impact of a non-operational tribunal on corporate insolvency and related matters in the region, causing significant delays in the resolution of such cases and hindering the objectives of the IBC.