3/24/2021 0:00 News & Articles
Read the article 'Not All Disputes Are Amenable To The Jurisdiction Of Electricity Commission: PPAs Cannot Be Terminated During Moratorium' authored by Aditya K Singh, Associate Partner and Anukriti Jain, Senior Associate published on Live Law.
"This Judgment will give a positive message to the power sector. Because similar clauses of the Events of Default are present in all PPAs and this was always a concern of the developers/lenders/investors that if company goes under insolvency proceedings, this clause will make life tougher for the generator."
Read the full article here.