https://www.taxtmi.com/caselaws?id=794095 A difference of opinion between the NCLAT Judicial Member and Technical Member prevented final determination of interim stay in a CIRP matter involving an electricity distribution licensee and issues of IBC primacy over the Electricity Act and an unapproved corporate guarantee. The Judicial Member declined interim relief, while the Technical Member favoured keeping the impugned order in abeyance, so the matter was directed for reference before the Chairperson. The SLP was disposed of with liberty to seek consideration of the reference in accordance with law; no final ruling was given on maintainability or interim stay. en-us Thu, 25 Jun 2026 00:00:00 +0530 Tue, 30 Jun 2026 07:22:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794095 A difference of opinion between the NCLAT Judicial Member and Technical Member prevented final determination of interim stay in a CIRP matter involving an electricity distribution licensee and issues of IBC primacy over the Electricity Act and an unapproved corporate guarantee. The Judicial Member declined interim relief, while the Technical Member favoured keeping the impugned order in abeyance, so the matter was directed for reference before the Chairperson. The SLP was disposed of with liberty to seek consideration of the reference in accordance with law; no final ruling was given on maintainability or interim stay. Case-Laws IBC Thu, 25 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794095