CIRP - Recovery of outstanding Electricity dues - Since no such ...

Court Rules No Statutory Basis for Electricity Provider to Claim Unpaid Dues from Auction Buyer in CIRP Case.

January 18, 2023

Case Laws Insolvency and Bankruptcy HC

CIRP - Recovery of outstanding Electricity dues - Since no such nexus has been proved by the licensee in the present case, mere subsistence of the licensee’s right to claim outstanding dues from the erring consumer cannot justify shifting of such burden on the auction-purchaser and, for all practical purposes, there is no statutory provision to claim the amount from the writ petitioner. - The impugned claim of the DVC is not tenable in the eye of law - HC

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CIRP - Recovery of outstanding Electricity dues - Since no such ...

Court Rules No Statutory Basis for Electricity Provider to Claim Unpaid Dues from Auction Buyer in CIRP Case.

January 18, 2023

Case Laws Insolvency and Bankruptcy HC

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