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Corporate debtor wasn't liable to pay for enhanced supply of power in absence of any agreement on same, CIRP rejected

July 17, 2019[2019] 106 26 (NCLT- Chennai )

IBC: Where there was agreement to supply energy, but there was no agreement reflecting corporate debtor agreeing to avail enhanced supply of energy, corporate debtor could not be made liable to pay for power that had not been consumed by it; CIRP was to be rejected

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