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IBC - Highlights / Catch Notes

Home Highlights December 2023 Year 2023 This

Recovery of arrears of electricity dues - The submission raised ...


Appeal Dismissed: Auction Purchaser Not Liable for Former Debtor's Electricity Dues Under Insolvency and Bankruptcy Code.

December 7, 2023

Case Laws     Insolvency and Bankruptcy     AT

Recovery of arrears of electricity dues - The submission raised by learned counsel for the Appellant that Successful Auction Purchaser was liable to pay the arrears of electricity dues which were dues of the erstwhile Corporate Debtor and without payment of said dues electricity connection cannot be granted are not in accord with the statutory scheme of IBC. - Appeal dismissed - AT

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