Supreme Court flags delays by NCLT in approving resolution plans, seeks nationwide data on pending plans
Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
The Supreme Court on April 16 took strong exception to the delays by the National Company Law Tribunal (NCLT) in approving resolution plans of companies under insolvency [AVJ Heights Vs IFFL].A Bench of Justices JB Pardiwala and KV Viswanathan termed the situation "very unfortunate" and proceeded to pass directions seeking nationwide data on pendency of resolutions plans before NCLT."It is very unfortunate that there is no adjudication on the approval past approximately two years," the Court obs
Key Facts
Type Policy
Source Bar and Bench
Published Tuesday, 21 April 2026
Affected Population ~850 million internet users, 75,000+ startups
Key Numbers
Rs 15,000 crore for Digital India initiatives
UPI: 14 billion monthly transactions
850 million+ Aadhaar-linked mobiles
PM-JAY: 55 crore beneficiaries
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right