12 August 2024


News

NCLT Reiterates That an Auction Purchaser is Not Liable For a Corporate Debtor’s Electricity Dues - 15.12.2025

NCLT Chandigarh directed the Himachal Pradesh State Electricity Board to restore electricity to a property bought in liquidation, ruling that the auction purchaser cannot be held liable for the corporate debtor’s pre-auction electricity dues, clarifying entitlement to a fresh connection.

Tags : Auction Corporate Debtor Electricity Dues

Share :