As on 13.12.2012 (for the period from 01.04.2012 to 13.12.2012), out of 107.16 Lakh claims received for settlement order, only 6.96 Lakh claims are pending for settlement.
The obstacles faced in settlement of claims inter-alia include:
(i) Incomplete claims (no bank account number,incomplete employee details, etc.)
(ii) Incorrect claims (wrong account number, incorrect personal details, etc.)
