https://www.taxtmi.com/caselaws?id=287186 The Tribunal ruled on the issues of payment of electricity bills and the 5% tagging by Punjab National Bank during insolvency proceedings. It held that essential services like electricity cannot be disconnected during the moratorium period and directed the Resolution Professional to address outstanding arrears. Additionally, the Bank was ordered to refund the amount deducted in violation of the moratorium. The Tribunal emphasized compliance with the provisions of the Insolvency and Bankruptcy Code, 2016, in resolving these matters. en-us Tue, 12 Sep 2017 00:00:00 +0530 Fri, 03 Apr 2020 10:52:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287186 The Tribunal ruled on the issues of payment of electricity bills and the 5% tagging by Punjab National Bank during insolvency proceedings. It held that essential services like electricity cannot be disconnected during the moratorium period and directed the Resolution Professional to address outstanding arrears. Additionally, the Bank was ordered to refund the amount deducted in violation of the moratorium. The Tribunal emphasized compliance with the provisions of the Insolvency and Bankruptcy Code, 2016, in resolving these matters. Case-Laws Insolvency and Bankruptcy Tue, 12 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287186