For every other StackOverflow question that\'s been asked about this, here, here, and here, I\'ve followed all the steps to resolve this issue, and none have worked.
In my case, the issue was that JAVA_HOME was pointing to a path upto /bin folder (C:\Program Files (x86)\Java\jdk1.8.0_91\bin\) - while Eclipse accepts this, IntelliJ does not.
Updating to JAVA_HOME=C:\Program Files (x86)\Java\jdk1.8.0_91 resolved the issue.