CIRP - Recovery of electricity dues - Liability of successful ...

Insolvency and Bankruptcy

May 27, 2022

CIRP - Recovery of electricity dues - Liability of successful Auction Purchaser in the liquidation proceeding of the Corporate Debtor - The submission of the Appellant that they are entitled to recover the entire pre-CIRP and post-CIRP dues from the Successful Auction Purchaser i.e. Respondent No. 1 cannot be accepted. - The Appellant is entitle to claim its electricity dues both pre-CIRP and post-CIRP in accordance with Section 53 of the Code - AT

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CIRP - Recovery of electricity dues - Liability of successful ...

Insolvency and Bankruptcy

May 27, 2022

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