SC on Adjudicating Authority have Discretionary power to admit application of Financial Creditor for initiation of CIRP: SC

Vidarbha Industries Power Limited Vs Axis Bank Limited (Supreme Court of India)

Insolvency and Bankruptcy Board of India

7th Floor, Mayur Bhawan, Connaught Place, New Delhi – 110001

14^th July, 2022

Subject: Judgment¹ dated 12^th July, 2022 of the Hon’ble SC in the matter Vidarbha Industries Power Limited Vs. Axis Bank Limited [Civil appeal No. 4633 of 2021].

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