No immunity from IBC for state discoms, says Centre https://ift.tt/3okGeQS

State-owned discoms (electricity distribution companies) have no immunity from corporate insolvency proceedings and there is no conflict between the Insolvency and Bankruptcy Code (IBC) of 2016 and the Electricity Act 2003 on resolution of monetary claims, according to the power ministry.

from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/3BYURyl
State-owned discoms (electricity distribution companies) have no immunity from corporate insolvency proceedings and there is no conflict between the Insolvency and Bankruptcy Code (IBC) of 2016 and the Electricity Act 2003 on resolution of monetary claims, according to the power ministry.