The case involves applications filed by the liquidator of JVL Agro Industries Limited under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, seeking directions to Jaipur Vidyut Vitran Nigam Limited and related parties to determine and refund excess charges levied on the corporate debtor's electricity bills. The corporate debtor had a mustard oil plant in Alwar, Rajasthan. The electricity connection was disconnected following a notice directing closure of the plant. Subsequently, the applicant requested reconnection of three-phase electricity and refund of fixed charges wrongly levied during the disconnection period. Despite the disconnection of three-phase electricity, the corporate debtor was billed for it.
JVL Agro Industries Ltd., the corporate debtor, owned a mustard oil plant in Alwar, Rajasthan. On July 11, 2019, respondent no.6 issued a notice directing the plant's closure. Subsequently, on August 9, 2019, respondent no.1 disconnected the electricity supply on the instruction of respondents no.5 and 6, without prior intimation to the applicant and ignoring the ongoing CIRP and moratorium. The applicant requested the restoration of electricity and water supply, essential for the CIRP. Respondent no.6 advised the corporate debtor to pay ₹2,000 for reconnection of single-phase electricity, which was restored on August 20, 2019. Despite this, respondent no.1 continued to bill the corporate debtor at 75% of the contract demand fixed charge for three-phase electricity.
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CIRP was initi…
Liquidation proceedings…
The case involves applications filed by the liquidator of JVL Agro Industries Limited under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, seeking directions to Jaipur Vidyut Vitran Nigam Limited and related parties to determine and refund excess charges levied on the corporate debtor's electricity bills. The corporate debtor had a mustard oil plant in Alwar, Rajasthan. The electricity connection was disconnected following a notice directing closure of the plant. Subsequently, the applicant requested reconnection of three-phase electricity and refund of fixed charges wrongly levied during the disconnection period. Despite the disconnection of three-phase electricity, the corporate debtor was billed for it.
JVL Agro Industries Ltd., the corporate debtor, owned a mustard oil plant in Alwar, Rajasthan. On July 11, 2019, respondent no.6 issued a notice directing the plant's closure. Subsequently, on August 9, 2019, respondent no.1 disconnected the electricity supply on the instruction of respondents no.5 and 6, without prior intimation to the applicant and ignoring the ongoing CIRP and moratorium. The applicant requested the restoration of electricity and water supply, essential for the CIRP. Respondent no.6 advised the corporate debtor to pay ₹2,000 for reconnection of single-phase electricity, which was restored on August 20, 2019. Despite this, respondent no.1 continued to bill the corporate debtor at 75% of the contract demand fixed charge for three-phase electricity.
…CIRP was initi…
Liquidation proceedings…