MANAGEMENT OF AFFAIRS OF THE CORPORATE DEBTOR - Insolvency and Bankruptcy Board of India (Pre-packaged Insolvency Resolution Process) Regulations, 2021
MANAGEMENT OF AFFAIRS OF THE CORPORATE DEBTOR - Insolvency and Bankruptcy Board of India (Pre-packaged Insolvency Resolution Process) Regulations, 2021
Essential supplies defined to include electricity, water, telecommunication and certain IT services under pre pack regime. Essential supplies under the Pre packaged Insolvency Resolution Process are defined to include electricity, water, telecommunication services and ... Summary
Essential supplies defined to include electricity, water, telecommunication and certain IT services under pre pack regime.
Essential supplies under the Pre packaged Insolvency Resolution Process are defined to include electricity, water, telecommunication services and information technology services, with the qualification that IT services which are a direct input to the corporate debtor's output are excluded. Water is essential only for drinking and sanitation purposes and not when supplied for hydro electricity generation.
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