Smash Entertainment Private Limited, as a licensee of the corporate debtor International Recreation and Amusement Ltd., filed an application (IA-662/2021) seeking directions against Dakshin Haryana Bijli Vitran Nigam (DHBVN) to resume electricity connection to the premises at Appu Ghar, Sector-29, Gurgaon. The applicant claimed the electricity was disconnected in March 2020 and sought a separate meter for their operations. The applicant argued that under Section 14(2) of the Insolvency & Bankruptcy Code (IBC), the supply of essential goods and services to the corporate debtor should not be terminated during the moratorium period.
Smash Entertainment Private Limited is a licensee operating gaming and sports entertainment under the name Oyster Beach Water Park at Sector-29, Gurgaon. They entered into a license agreement with the corporate debtor, International Recreation and Amusement Ltd., on 21.06.2016. Smash Entertainment filed an application (IA-662/2021) seeking the restoration of electricity connection to their premises, claiming it was disconnected by Dakshin Haryana Bijli Vitran Nigam (DHBVN) in March 2020. They argued that as per Section 14(2) of the IBC, essential services to the corporate debtor should not be terminated during the moratorium period. The electricity bill issued on 08.01.2021 showed electricity consumption after March 2020, contradicting the applicant's claim. The bill
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Smash Entertainment Private Limited entered…
Smash Entertainment claimed that Dakshin…
Smash Entertainment Private Limited, as a licensee of the corporate debtor International Recreation and Amusement Ltd., filed an application (IA-662/2021) seeking directions against Dakshin Haryana Bijli Vitran Nigam (DHBVN) to resume electricity connection to the premises at Appu Ghar, Sector-29, Gurgaon. The applicant claimed the electricity was disconnected in March 2020 and sought a separate meter for their operations. The applicant argued that under Section 14(2) of the Insolvency & Bankruptcy Code (IBC), the supply of essential goods and services to the corporate debtor should not be terminated during the moratorium period.
Smash Entertainment Private Limited is a licensee operating gaming and sports entertainment under the name Oyster Beach Water Park at Sector-29, Gurgaon. They entered into a license agreement with the corporate debtor, International Recreation and Amusement Ltd., on 21.06.2016. Smash Entertainment filed an application (IA-662/2021) seeking the restoration of electricity connection to their premises, claiming it was disconnected by Dakshin Haryana Bijli Vitran Nigam (DHBVN) in March 2020. They argued that as per Section 14(2) of the IBC, essential services to the corporate debtor should not be terminated during the moratorium period. The electricity bill issued on 08.01.2021 showed electricity consumption after March 2020, contradicting the applicant's claim. The bill
…Smash Entertainment Private Limited entered…
Smash Entertainment claimed that Dakshin…