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    <title>2025 (12) TMI 1008 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, PRINCIPAL BENCH, NEW DELHI</title>
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    <description>A dispute over interest on an electricity security deposit was held not entertainable under section 60(5) of the Insolvency and Bankruptcy Code because it did not arise directly from the insolvency or liquidation process and no express right to interest had been granted in the earlier relief. The forum noted that the original supply was not restored, the auction purchaser obtained a fresh connection, and any such grievance could lie before the electricity grievance forum or civil court. On merits, Regulation 4.11 of the Gujarat Electricity Regulatory Commission (Security Deposit) Regulations, 2005 did not create an entitlement to interest for the auction purchaser from the earlier disconnection date.</description>
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    <pubDate>Tue, 16 Dec 2025 00:00:00 +0530</pubDate>
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      <description>A dispute over interest on an electricity security deposit was held not entertainable under section 60(5) of the Insolvency and Bankruptcy Code because it did not arise directly from the insolvency or liquidation process and no express right to interest had been granted in the earlier relief. The forum noted that the original supply was not restored, the auction purchaser obtained a fresh connection, and any such grievance could lie before the electricity grievance forum or civil court. On merits, Regulation 4.11 of the Gujarat Electricity Regulatory Commission (Security Deposit) Regulations, 2005 did not create an entitlement to interest for the auction purchaser from the earlier disconnection date.</description>
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