Home Case Index All Cases Insolvency and Bankruptcy Insolvency and Bankruptcy + Tri Insolvency and Bankruptcy - 2019 (7) TMI Tri This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (7) TMI 1019 - Tri - Insolvency and BankruptcyChange of supply of power from High Transmission category to Low Transmission category for lighting purpose alone to safeguard the assets of the Company - It is the case of Applicant / Liquidator that electricity connection to the Corporate Debtor is only for lighting purpose to safeguard the assets of the Corporate Debtor for which HT Power Service Line is not necessary and thus, prayed this Tribunal to direct the Respondent to change the supply of power from High Transmission Category to Low Transmission Category - HELD THAT:- This Application is filed by Liquidator for a direction to Eastern Power Distribution Company of A.P Limited (APEPDCL) to change the supply of power to M/s Sree Ramakrishna Alloys Limited (Corporate Debtor) from High Tension category to Low Tension category for reasons stated in the Application. The Liquidator is first directed to move the APEPDCL by making necessary application for change of supply of power to Corporate Debtor/ M/s Sree Ramakrishna Alloys Limited from High Tension category to LT category. The procedure if any prescribed for change be first followed by Liquidator. The APEPDCL is directed to respond to the request if any made by the Liquidator on behalf of M/s Sree Ramakrishna Alloys Limited for change of category of supply of power, as requested. Application is allowed directing the Liquidator at the first instance to apply to APEPDCL for change of power supply to the Corporate Debtor / M/s Sree Ramakrishna Alloys Limited from HT category to LT category and in case such request is made and if it is in accordance with the Rules, the APEPDCL is directed to consider the request favourably and effect change from HT category to LT category for the Corporate Debtor / M/s Sree Ramakrishna Alloys Limited. Application allowed.
|