Sarfaesi Act: Statutory Dues Can’t Be Waived Off Contractually, Says Supreme Court
Electrical power lines. (Photographer: Waldo Swiegers/Bloomberg)

Sarfaesi Act: Statutory Dues Can’t Be Waived Off Contractually, Says Supreme Court

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In an important order, the Supreme Court has held that statutory dues under the Electricity Act cannot be characterised as purely contractual and waived off under an auction of a distressed asset u...
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