https://www.taxtmi.com/caselaws?id=420766 The NCLAT Chennai dismissed appeals regarding water supply during moratorium period. KWIPL was required to supply water to KMPCL under a 2014 Water Transport Agreement amended in 2015. Both companies entered CIRP with moratorium imposed. The RP of KWIPL sought payment for outstanding dues and suspended water supply due to non-payment. The tribunal held that Section 14(2A) of IBC clearly governs essential supplies during moratorium. The Committee of Creditors' commercial wisdom in ratifying agreements cannot be interfered with by either party. The tribunal concluded it lacks jurisdiction to adjudicate contractual disputes and found no legal or factual error in the adjudicating authority's decision. en-us Tue, 29 Mar 2022 00:00:00 +0530 Wed, 09 Jul 2025 17:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420766 The NCLAT Chennai dismissed appeals regarding water supply during moratorium period. KWIPL was required to supply water to KMPCL under a 2014 Water Transport Agreement amended in 2015. Both companies entered CIRP with moratorium imposed. The RP of KWIPL sought payment for outstanding dues and suspended water supply due to non-payment. The tribunal held that Section 14(2A) of IBC clearly governs essential supplies during moratorium. The Committee of Creditors' commercial wisdom in ratifying agreements cannot be interfered with by either party. The tribunal concluded it lacks jurisdiction to adjudicate contractual disputes and found no legal or factual error in the adjudicating authority's decision. Case-Laws IBC Tue, 29 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420766