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    <title>2023 (1) TMI 290 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>Pre-CIRP electricity dues could not be enforced independently after approval of the resolution plan, because the Insolvency and Bankruptcy Code, 2016 prevailed over inconsistent electricity supply regulations under Section 238. The approved resolution plan governed the treatment of claims in CIRP, and the requirement to clear outstanding dues for a new connection could not override that statutory scheme. The Tribunal therefore treated the electricity regulations as inapplicable to defeat the plan, and rejected the demand for separate recovery of pre-CIRP dues.</description>
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    <pubDate>Tue, 13 Dec 2022 00:00:00 +0530</pubDate>
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      <title>2023 (1) TMI 290 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=432543</link>
      <description>Pre-CIRP electricity dues could not be enforced independently after approval of the resolution plan, because the Insolvency and Bankruptcy Code, 2016 prevailed over inconsistent electricity supply regulations under Section 238. The approved resolution plan governed the treatment of claims in CIRP, and the requirement to clear outstanding dues for a new connection could not override that statutory scheme. The Tribunal therefore treated the electricity regulations as inapplicable to defeat the plan, and rejected the demand for separate recovery of pre-CIRP dues.</description>
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