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NCLAT Dismisses Appeal of BEST Undertaking Against Liquidator's Rejection of Interest Claim and Secured Creditor Status in Liquidation of Spark Green Energy. Interest-Free Deposit Does Not Attract Interest, and Unregistered Charge Does Not Confer Secured Status Under IBC.

The appeal was filed by Brihanmumbai Electricity Supply and Transport Undertaking (BEST) against an order of the Adjudicating Authority (NCLT Mumbai B...

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Supreme Court Allows Appeals in Electricity Tariff Dispute — Gujarat Urja Vikas Nigam Limited v. Renew Wind Energy (Rajkot) Pvt Ltd. Renewable Energy Certificate (REC) Scheme does not override State Commission's power to determine tariff for wind energy under Section 62 of the Electricity Act, 2003.

The case involves appeals under Section 125 of the Electricity Act, 2003, by Gujarat Urja Vikas Nigam Limited and other distribution licensees against...

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Supreme Court Allows Appeals in Wind Power Tariff Dispute — Commissioning Date Determines Applicable Tariff. Actual Injection of Power into Grid is the Criterion for Commissioning Under Electricity Act, 2003.

The Supreme Court of India heard appeals from the Madhya Pradesh Power Management Company Ltd. and another against a High Court judgment that directed...

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High Court of Karnataka Upholds Mandatory Solar Water Heater Condition for Electricity Connection in Gulbarga. Condition requiring installation of solar water heater for new electricity connections held valid under Section 86(1)(e) of the Electricity Act, 2003 and Regulation 4.02(vi) of KERC Regulations.

The petitioner, Md Hasnuddin, owner of a house in Gulbarga, applied for an electricity connection from the Gulbarga Electricity Supply Company (GESCOM...

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High Court of Karnataka Upholds KERC Regulations on Renewable Purchase Obligation for Captive Users. Regulations Requiring Captive Power Producers to Purchase Renewable Energy or Certificates Are Within Jurisdiction Under Electricity Act, 2003.

The petitioners, The South Indian Sugar Mills Association and Davangere Sugar Company Pvt. Ltd. (in W.P.Nos.7603-04/2012) and Shree Renuka Sugar Mills...

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High Court of Karnataka Dismisses Winding-Up Petition in Company Dispute Over Disputed Debt Under Sections 433(e) and (f) of Companies Act, 1956. Arbitral Award Debt of Rs.15 Lakh Contested on Grounds of Bona Fide Defence and Set-Off, Held Not Sufficient for Winding Up.

The petitioner, Nuziveedu Seeds Private Limited (now NSL Renewable Power Private Limited), filed a company petition under Sections 433(e) and (f) read...