https://www.taxtmi.com/caselaws?id=443042 The Supreme Court held that the power distribution company cannot demand payment of arrears for granting an electricity connection as per the Insolvency and Bankruptcy Code, 2016. The Court emphasized the importance of adhering to the Code's provisions, specifically Section 53, and highlighted the clean slate principle. Additionally, the Court clarified the jurisdiction of the tribunal under the Code in cases where government dues are finalized. The appeals were dismissed, upholding the lower court's decision, and any pending applications were disposed of accordingly. en-us Wed, 06 Sep 2023 00:00:00 +0530 Thu, 14 Sep 2023 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443042 The Supreme Court held that the power distribution company cannot demand payment of arrears for granting an electricity connection as per the Insolvency and Bankruptcy Code, 2016. The Court emphasized the importance of adhering to the Code's provisions, specifically Section 53, and highlighted the clean slate principle. Additionally, the Court clarified the jurisdiction of the tribunal under the Code in cases where government dues are finalized. The appeals were dismissed, upholding the lower court's decision, and any pending applications were disposed of accordingly. Case-Laws Insolvency and Bankruptcy Wed, 06 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443042