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    <title>OPERATIONAL CREDITOR TO BE PAID AS PER RESOLUTION ONLY</title>
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    <description>Electricity suppliers are operational creditors whose claims against a corporate debtor must be met only as provided in an approved resolution plan; they cannot insist on payment of pre insolvency arrears as a condition for grant or restoration of supply where the claims were part of the insolvency process. Tribunal jurisdiction covers disputes arising out of insolvency resolution, and the approved plan&#039;s waterfall governs priority and enforcement, preserving the successful resolution applicant&#039;s clean slate while not excusing compliance with non debt service requirements.</description>
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    <pubDate>Thu, 28 Dec 2023 09:50:51 +0530</pubDate>
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      <description>Electricity suppliers are operational creditors whose claims against a corporate debtor must be met only as provided in an approved resolution plan; they cannot insist on payment of pre insolvency arrears as a condition for grant or restoration of supply where the claims were part of the insolvency process. Tribunal jurisdiction covers disputes arising out of insolvency resolution, and the approved plan&#039;s waterfall governs priority and enforcement, preserving the successful resolution applicant&#039;s clean slate while not excusing compliance with non debt service requirements.</description>
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