https://www.taxtmi.com/caselaws?id=414697 Where tariff determination is integral to a restructuring arrangement involving State-linked entities and an essential public utility, the High Court may exercise writ jurisdiction to issue limited directions for fair reconsideration and complete justice, without deciding the merits of the rival claims. Insolvency proceedings under the Insolvency and Bankruptcy Code remain an independent statutory remedy, so corporate creditors cannot be compelled to suspend them indefinitely. At the same time, the tariff order's central role justified a further round of consideration, including expeditious disposal of the review petition and a fresh consortium discussion, while leaving the parties free to pursue their lawful remedies thereafter. en-us Thu, 07 Oct 2021 00:00:00 +0530 Mon, 15 Nov 2021 09:08:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414697 Where tariff determination is integral to a restructuring arrangement involving State-linked entities and an essential public utility, the High Court may exercise writ jurisdiction to issue limited directions for fair reconsideration and complete justice, without deciding the merits of the rival claims. Insolvency proceedings under the Insolvency and Bankruptcy Code remain an independent statutory remedy, so corporate creditors cannot be compelled to suspend them indefinitely. At the same time, the tariff order's central role justified a further round of consideration, including expeditious disposal of the review petition and a fresh consortium discussion, while leaving the parties free to pursue their lawful remedies thereafter. Case-Laws Insolvency and Bankruptcy Thu, 07 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414697