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