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2023 (3) TMI 1279

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..... at the Appellant/Monitoring Professional/Resolution Professional were liable to make the payment of the dues during the CIRP period, which according to Appellant stood paid. It is observed that in the event any amount is still due with regard to the electricity dues during the CIRP, it shall be open for the Department to issue bill and realise the same. It is further made clear that R-1 having .....

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..... n filed against the order dated 02.06.2022 passed by the Adjudicating Authority by which Adjudicating Authority has dismissed the application IA No. 1520/2021 filed by the Resolution Professional (RP). The CIRP against the Corporate Debtor commenced on 09.12.2019. Committee of Creditors (CoC) has approved the plan on 07.08.2020 which also stood approved by the Adjudicating Authority on 24.11.2 .....

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..... or the Monitoring period (for the Monitoring Period), so that the same can be paid on actual basis, by the Resolution Applicants; (d) Direct the Respondent not to disconnect the electricity connection of the Corporate Debtor and restrain the Respondent from taking any coercive actions in terms of the Electricity Act, 2003; (e) Pass such other or further order/order(s) as may be deemed fi .....

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..... ever, submits that Promoters who submitted the plan ought to have mentioned about the dues in the Information Memorandum . We have considered the submissions of the Learned Counsel for the parties and perused the records. 6. There can t be any dispute that the Appellant/Monitoring Professional/Resolution Professional were liable to make the payment of the dues during the CIRP period, which .....

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