Supreme Court Facilitates Implementation of Insolvency Resolution Plan by Directing Approval of Development License and Access

Case Snapshot

• Case Name: One City Infrastructure Private Limited v. Ghaziabad Development Authority & Ors.

• Citation: 2026 INSC 962

• Bench: Justice J.B. Pardiwala and Justice K. Vinod Chandran

• Date of Judgment: August 31, 2026

• Area of Law: Insolvency and Bankruptcy Code, Real Estate, Development Authority Approvals

The Judgment in One Line

Supreme Court directs GDA to grant development approvals to SRA, ensuring resolution plan implementation for stalled housing project with access arrangements.

Why This Judgment Matters

This judgment is a significant example of the Supreme Court's proactive role in facilitating the implementation of resolution plans under the Insolvency and Bankruptcy Code. It addresses the real-world challenge of stalled real estate projects where development authorities withhold approvals, frustrating the resolution process. The ruling emphasizes that approved resolution plans cannot be stalled on technical grounds and that authorities must cooperate to protect homebuyers' interests. It also provides a practical template for resolving access disputes between resolution applicants and existing landowners.

Background

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