Android --no crunch error

Error Situation:

This error would arise in unexpected situation, wherein we tried to execute some application after doing some updates on eclipse or software that installed inside eclipse. This strange error is due to incomplete update of software inside eclipse.

Scenario:

Android SDK version 2.3.3, API level 10, and  updated the ADT to recent version 15 and tried to execute an app. But it failed due to this error. 

Reason:

  Incomplete update of Android SDK and ADT is recent version.

Solution:

To resolve this, update the Android SDK version that is being currently used from SDK Manager. After updating the Android SDK the problem disappeared.