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Electricity Charges During CIRP: Recoverable Post-Resolution Plan Approval or u/s 53 if Liquidation Occurs.

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Full Text of the Document

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....Recovery of electricity charges during CIRP - Whether the Appellant was entitled to recover electricity charges being incurred by the Corporate Debtor on month to month basis after the CIRP was initiated against the Corporate Debtor? - the same will be part of the CIRP Costs which can be recovered when the Resolution Plan is approved or would form part of Section 53 if the Liquidation has been initiated. - AT....