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Electricity dues not part of resolution plan gets extinguished upon CIRP approval

Case Law Details

Case Name
Reliance Infratel Limited Vs State of Meghalaya (Meghalaya High Court)
Date of Judgement/Order
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Advertisement Reliance Infratel Limited Vs State of Meghalaya (Meghalaya High Court) The case of Reliance Infratel Limited vs. State of Meghalaya, as adjudicated by the Meghalaya High Court, revolves around the issue of recovery of electricity dues from Reliance Infratel Limited (formerly Reliance Telecom Limited) by the Meghalaya Power Distribution Corporation Ltd. The petitioner, Reliance Infratel Limited, had undergone insolvency proceedings and had a resolution plan approved, allowing its takeover by Reliance Projects and Property Management Solutions Ltd. (RPPMSL) on 22nd December 2022...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 18,797

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