https://www.taxtmi.com/caselaws?id=395662 An auction purchaser of a secured asset sold on an "as is where is, whatever there is and without recourse" basis, with specific disclosure of electricity arrears, can be required to clear the previous owner's electricity dues as a condition for supply. The Court treated the dues as statutory in character and held that clear notice in the auction terms, along with the exclusion of the authorised officer's liability, meant the purchaser took the property subject to those arrears. The sale deed did not extend any indemnity to electricity dues, and the distinction between reconnection and fresh connection did not alter the obligation under the applicable supply conditions. en-us Mon, 01 Jun 2020 00:00:00 +0530 Fri, 22 Oct 2021 16:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395662 An auction purchaser of a secured asset sold on an "as is where is, whatever there is and without recourse" basis, with specific disclosure of electricity arrears, can be required to clear the previous owner's electricity dues as a condition for supply. The Court treated the dues as statutory in character and held that clear notice in the auction terms, along with the exclusion of the authorised officer's liability, meant the purchaser took the property subject to those arrears. The sale deed did not extend any indemnity to electricity dues, and the distinction between reconnection and fresh connection did not alter the obligation under the applicable supply conditions. Case-Laws Indian Laws Mon, 01 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395662