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TypeBare Act JurisdictionDadra and Nagar Haveli and Daman and Diu Government

The Electricity Act 2003 Section 132

In the event that a Board or any utility owned or controlled by the of sale or transfer

~1 min read
https://sooperkanoon.com/act/578087

Bare act section · Research

About this section

The Electricity Act 2003 Section 132 is part of The Electricity Act 2003 - In the event that a Board or any utility owned or controlled by the of sale or transfer. Read the section text below and explore Indian court judgments that cite it.

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Section Text

Appropriate Government is sold or transferred in any manner to a person who is of the Board etc. not owned or controlled by the Appropriate Government, the proceeds from such sale or transfer shall be utilised in priority to all other dues in the following order, namely :-

(a) dues (including retirement benefits due) to the officers and employees of such Board or utility, who have been affected by the aforesaid sale or transfer;

(b) payment of debt or other liabilities of the transferor as may be 62 required by the existing loan covenants. Provisions relating

Frequently asked questions

What does The Electricity Act 2003 Section 132 provide?

Section Section 132 of the The Electricity Act 2003 (In the event that a Board or any utility owned or controlled by the of sale or transfer) is reproduced on this page as part of the The Electricity Act 2003. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on The Electricity Act 2003 Section 132?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference The Electricity Act 2003 Section 132. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Dadra and Nagar Haveli and Daman and Diu, confirm the wording against the official state gazette or authorized publication.

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