# The Supreme Court is addressing significant delays in approving resolution plans at the National Company Law Tribunal.

*business · news · 2026-04-20 · The Economic Times*

## Key points

- The Supreme Court has ordered IBBI and NCLT to provide nationwide data on pending resolution plan approvals.
- SC intervention follows a two-year delay in AVJ Developers' resolution plan approval at Delhi NCLT.
- NCLT Delhi bench must specify the number, duration, and reasons for unresolved resolution plan applications.
- IBBI and NCLT must submit their detailed reports within two weeks for Supreme Court review on April 29.

**Companies:** AVJ Developers, IIFL Finance
**Countries:** India

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/india/supreme-court-seeks-data-on-nclt-delays-in-resolution-plans/articleshow/130401625.cms)

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