S&A Law Offices Secures Landmark Verdicts For Adani Power Limited In Defending INR 4000 Crore Resolution Plan For Vidarbha Industries Power Ltd.

S&A Law Offices Secures Landmark Verdicts for Adani Power Limited in Defending INR 4000 Crore Resolution Plan for Vidarbha Industries Power Ltd.

The leading, full-service law firm in India, S&A Law Offices has successfully secured significant verdicts for its client, Adani Power Limited, in two major matters before the Hon’ble National Company Law Appellate Tribunal (NCLAT), Delhi, against Western Coalfields Ltd. and Employees of Vidarbha Industries Power Ltd.

The Hon’ble NCLAT was pleased to dismiss the appeals filed by Western Coalfields Ltd. and Employees of Vidarbha Industries Power Ltd., respectively, and upheld the Resolution Plan approval order passed by the Ld. National Company Law Tribunal, Mumbai.

S&A Law Offices successfully represented Adani Power Limited and defended the Resolution Plan worth INR 4000 Cr. Western Coalfields Ltd. and Employees of Vidarbha Industries Power Ltd. challenged the approval of the Resolution Plan. The Hon’ble NCLAT held that objections raised by the Appellants were meritless and there was no violation of provisions of the Insolvency and Bankruptcy Code (IBC).

The S&A Law Offices team representing the client was led by Daizy Chawla (Senior Partner), Himanshu Dubey (Partner), Jatin Kapoor (Partner Designate), and Kumar Shashwat Singh Sawno (Senior Principal Associate).The team provided strategic advice, drafted pleadings, and delivered robust advocacy before the Hon’ble NCLAT.

This landmark judgment reinforces the strength and credibility of Adani Power Limited’s Resolution Plan and highlights S&A Law Offices’ expertise in defending complex insolvency matters, ensuring adherence to statutory provisions while safeguarding client interests.

Click to know more about S&A Law Offices

If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.