https://www.taxtmi.com/caselaws?id=798329 The Insolvency and Bankruptcy Code, 2016 overrides inconsistent provisions of the Electricity Act, 2003 through its statutory overriding clause, notwithstanding the Electricity Act's non obstante provisions. Pre-CIRP parallel operation charge demands constitute liabilities arising before commencement of the corporate insolvency resolution process. Where an approved resolution plan expressly extinguishes pre-CIRP debts and related pending proceedings, those electricity-charge outstandings stand extinguished and cannot survive the plan. en-us Wed, 29 Jul 2026 00:00:00 +0530 Sat, 05 Sep 2026 08:44:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798329 The Insolvency and Bankruptcy Code, 2016 overrides inconsistent provisions of the Electricity Act, 2003 through its statutory overriding clause, notwithstanding the Electricity Act's non obstante provisions. Pre-CIRP parallel operation charge demands constitute liabilities arising before commencement of the corporate insolvency resolution process. Where an approved resolution plan expressly extinguishes pre-CIRP debts and related pending proceedings, those electricity-charge outstandings stand extinguished and cannot survive the plan. Case-Laws IBC Wed, 29 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798329