Torrent Power Limited vs Ashish Arjunkumar Rathi
Practice Areas
Judges (2)
Case Significance
Torrent Power Limited vs Ashish Arjunkumar Rathi is a Supreme Court of India decision dated February 27, 2026 (citation: insc-2026-206). Civil appeals by unsuccessful resolution applicants under the IBC challenging NCLAT's dismissal of their appeal against approval of a resolution plan for SKS Power Generation. The Supreme Court dismissed the appeals, affirming the doctrine of commercial wisdom of the Committee of Creditors and emphasizing that judicial intervention must remain within narrow statutory confines. The bench comprised Justices B.V. Nagarathna and R. Mahadevan. The judgment was delivered by Justice B.V. Nagarathna.
This case has been cited by 1 subsequent judgment. The judgment references 7 case citations.
Summary
Civil appeals by unsuccessful resolution applicants under the IBC challenging NCLAT's dismissal of their appeal against approval of a resolution plan for SKS Power Generation. The Supreme Court dismissed the appeals, affirming the doctrine of commercial wisdom of the Committee of Creditors and emphasizing that judicial intervention must remain within narrow statutory confines.
What was the outcome of Torrent Power Limited vs Ashish Arjunkumar Rathi?
Civil appeals by unsuccessful resolution applicants under the IBC challenging NCLAT's dismissal of their appeal against approval of a resolution plan for SKS Power Generation. The Supreme Court dismis...
Statutes Cited
Cases Cited (7)
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (insc-2026-206)