Case Law Details
Case Name : Punjab State Power Corporation Limited Vs Akums Lifesciences Limited (NCLAT Delhi)
Appeal Number : Company Appeal (AT) (Insolvency) No. 1258 of 2023
Date of Judgement/Order : 25/02/2025
Related Assessment Year :
Courts :
NCLAT
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Punjab State Power Corporation Limited Vs Akums Lifesciences Limited (NCLAT Delhi)
NCLAT Delhi held that Insolvency and Bankruptcy Code, 2016 [IBC] would prevail over Electricity Act. Thus, power distribution company cannot insist on the payment of arrears for restoration of the electricity connection and such a matter would fall within
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