<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Electricity dues recovery from corporate debtors must adhere to the Insolvency and Bankruptcy Code&#039;s waterfall mechanism in resolution plans.</title>
    <link>https://www.taxtmi.com/highlights?id=72015</link>
    <description>Recovery of arrears of electricity dues - waterfall mechanism - The dues of the corporate debtor have to be paid in the manner prescribed in the resolution plan, as approved by the adjudicating authority. The resolution plan is approved when it is in accord with the provision of the Code. - SC</description>
    <language>en-us</language>
    <pubDate>Fri, 15 Sep 2023 08:53:27 +0530</pubDate>
    <lastBuildDate>Fri, 15 Sep 2023 08:53:27 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=726133" rel="self" type="application/rss+xml"/>
    <item>
      <title>Electricity dues recovery from corporate debtors must adhere to the Insolvency and Bankruptcy Code&#039;s waterfall mechanism in resolution plans.</title>
      <link>https://www.taxtmi.com/highlights?id=72015</link>
      <description>Recovery of arrears of electricity dues - waterfall mechanism - The dues of the corporate debtor have to be paid in the manner prescribed in the resolution plan, as approved by the adjudicating authority. The resolution plan is approved when it is in accord with the provision of the Code. - SC</description>
      <category>Highlights</category>
      <law>Insolvency and Bankruptcy</law>
      <pubDate>Fri, 15 Sep 2023 08:53:27 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=72015</guid>
    </item>
  </channel>
</rss>