Supreme Court Criticizes NCLAT’s Long Order on Delay Condonation Application Despite High Pendency of Cases

The Supreme Court has criticized the NCLAT's long order on a delay condonation application, citing high pendency of cases. The court emphasized the need for efficient handling of cases to reduce delays. This criticism underscores the importance of timely decisions in insolvency proceedings. The court's remarks highlight the challenges faced by the NCLAT in managing its caseload. This is a criticism of the NCLAT.