Recovery of arrears of electricity dues - waterfall mechanism - ...

Electricity dues recovery from corporate debtors must adhere to the Insolvency and Bankruptcy Code's waterfall mechanism in resolution plans.

September 15, 2023

Case Laws Insolvency and Bankruptcy SC

Recovery of arrears of electricity dues - waterfall mechanism - 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. - SC

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Recovery of arrears of electricity dues - waterfall mechanism - ...

Electricity dues recovery from corporate debtors must adhere to the Insolvency and Bankruptcy Code's waterfall mechanism in resolution plans.

September 15, 2023

Case Laws Insolvency and Bankruptcy SC

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