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Sharan Kukreja

Partner in the Dispute Resolution practice at the Bangalore office of Cyril Amarchand Mangaldas. Sharan has extensively advised and represented clients before courts/tribunals on litigations and arbitrations involving commercial and transactional issues. He can be reached at sharan.kukreja@cyrilshroff.com.

Vidarbha: The Final Chapter

Summary: This article examines the comprehensive trajectory of the Vidarbha decision, beginning with a judgement based on exceptional circumstances that expanded the discretion of the Ld. NCLT(s) and contributed to delays in insolvency admissions. It further discusses the judicial limitation imposed by the Hon’ble Supreme Court and concludes with the legislative correction provided by the Insolvency and Bankruptcy Code (Amendment) Act, 2026.

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