This Interlocutory Application (IA No. 754/2023) was filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 (IBC) by Mr. Harsh Kumar, the Applicant, seeking directions against the Assistant Engineer, Electrical Sub Division, Himachal Pradesh State Electricity Board Limited (HPSEBL), the Tehsildar Haroli, District Una, Government of Himachal Pradesh, and Mr. Sawinder Singh Chug, Liquidator of M/s Addinath Rubbers Private Limited. The applicant sought the lifting of a lien on a property detailed in a sale certificate to facilitate its transfer and registration in the Applicant's name, who was the successful bidder in an e-auction. The Respondent No. 3 was appointed the Liquidator of Addinath Rubbers Private Limited by the Tribunal on 06.10.2021, and a
…The Corporate Debtor, Addinath Rubbers Private Limited, faced liquidation proceedings under the IBC, with Mr. Sawinder Singh Chug appointed as the Liquidator. The HPSEBL had outstanding electricity dues of Rs. 6,87,815 from the Corporate Debtor. Due to non-payment, HPSEBL disconnected the electricity supply on 10.10.2018 and registered a lien on the Corporate Debtor's property on 23.09.2019. Harsh Kumar participated in the e-auction for the Corporate Debtor's assets and was declared the successful bidder for Rs. 2,24,00,000 on 08.04.2022. The sale was conducted on an 'As Is Where Is Basis'. After receiving the sale certificate on 12.07.2022, Harsh Kumar approached revenue authorities for registration but was informed of the existing lien. HPSEBL issued a conditional
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HPSEBL disconnected the electricity supply to…
HPSEBL intimated the Naib Tehsildar of District…
This Interlocutory Application (IA No. 754/2023) was filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 (IBC) by Mr. Harsh Kumar, the Applicant, seeking directions against the Assistant Engineer, Electrical Sub Division, Himachal Pradesh State Electricity Board Limited (HPSEBL), the Tehsildar Haroli, District Una, Government of Himachal Pradesh, and Mr. Sawinder Singh Chug, Liquidator of M/s Addinath Rubbers Private Limited. The applicant sought the lifting of a lien on a property detailed in a sale certificate to facilitate its transfer and registration in the Applicant's name, who was the successful bidder in an e-auction. The Respondent No. 3 was appointed the Liquidator of Addinath Rubbers Private Limited by the Tribunal on 06.10.2021, and a
…The Corporate Debtor, Addinath Rubbers Private Limited, faced liquidation proceedings under the IBC, with Mr. Sawinder Singh Chug appointed as the Liquidator. The HPSEBL had outstanding electricity dues of Rs. 6,87,815 from the Corporate Debtor. Due to non-payment, HPSEBL disconnected the electricity supply on 10.10.2018 and registered a lien on the Corporate Debtor's property on 23.09.2019. Harsh Kumar participated in the e-auction for the Corporate Debtor's assets and was declared the successful bidder for Rs. 2,24,00,000 on 08.04.2022. The sale was conducted on an 'As Is Where Is Basis'. After receiving the sale certificate on 12.07.2022, Harsh Kumar approached revenue authorities for registration but was informed of the existing lien. HPSEBL issued a conditional
…HPSEBL disconnected the electricity supply to…
HPSEBL intimated the Naib Tehsildar of District…