IBC overriding effect extinguishes pre-CIRP parallel operation charges when an approved resolution plan discharges corporate debtor liabilities.

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....Section 238 of the Insolvency and Bankruptcy Code gives the Code overriding effect over the Electricity Act, 2003, despite non-obstante clauses in that Act. An approved resolution plan extinguishes the corporate debtor's liabilities and pending debt-related proceedings arising before commencement of the corporate insolvency resolution process. Pre-CIRP demands for Parallel Operation Charges consequently stand extinguished where they fall within liabilities resolved under the approved plan, and the related appellate determination was sustained.....