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2023 (9) TMI 1071 - SC ORDERRecovery of Electricity dues - waterfall mechanism - successful resolution applicant is asked to pay the arrears payable by the corporate debtor for the grant of an electricity connection in her/his name - HELD THAT:- The observations from Embassy Property Developments Private Limited [2019 (12) TMI 188 - SUPREME COURT] would confer jurisdiction on the tribunal constituted under the Code insofar as the appellant – Tata Power Western Odisha Distribution Limited is insisting on payment of the dues of the corporate debtor for restoration/grant of the electricity connection. The dues of the corporate debtor have to be paid in the manner prescribed in the resolution plan, as approved by the adjudicating authority. The resolution plan is approved when it is in accord with the provision of the Code. Thus, the issue of corporate debtor’s dues falls within the fold of the phrase ‘arising out of or in relation to insolvency resolution’ under section 60(5)(c) of the Code. There are no good ground and reason to interfere with the impugned judgment(s)/order(s) - the present appeals are dismissed.
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