https://www.taxtmi.com/caselaws?id=783468 A claim for interest on an electricity security deposit was held not maintainable before the insolvency adjudicating forum where it arose from electricity regulations and had no direct nexus with the insolvency or liquidation process. The earlier insolvency-related reliefs covered restoration of electricity supply and continuance of the security deposit, but did not grant interest, and the prior order had left entitlement open for remedies in accordance with law. Regulation 4.11 of the Gujarat Electricity Regulatory Commission (Security Deposit) Regulations, 2005 was found not to assist the auction purchaser on the facts. The claim was therefore left to the appropriate electricity forum or civil court, and rejection of the application under Section 60(5) of the IBC was upheld. en-us Tue, 16 Dec 2025 00:00:00 +0530 Wed, 08 Apr 2026 15:47:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783468 A claim for interest on an electricity security deposit was held not maintainable before the insolvency adjudicating forum where it arose from electricity regulations and had no direct nexus with the insolvency or liquidation process. The earlier insolvency-related reliefs covered restoration of electricity supply and continuance of the security deposit, but did not grant interest, and the prior order had left entitlement open for remedies in accordance with law. Regulation 4.11 of the Gujarat Electricity Regulatory Commission (Security Deposit) Regulations, 2005 was found not to assist the auction purchaser on the facts. The claim was therefore left to the appropriate electricity forum or civil court, and rejection of the application under Section 60(5) of the IBC was upheld. Case-Laws IBC Tue, 16 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783468