Case Summary: Vidarbha Industries Power Ltd. v. Axis Bank Ltd. [Civil Appeal No. 4633 of 2021]
Published On: June 07, 2026 Authored By: Anant Srivastava Kirit P. Mehta School of Law, NMIMS Mumbai Abstract The insolvency regime in India operates on principles of speed and certainty. However, Vidarbha Industries Power Ltd. v. Axis Bank Ltd. demonstrates that mechanical application of insolvency law may not serve the Code’s broader objective of resolution […]