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December 27,2024

MERC: APTCL v/s KIDFL petition for change of encumbrance created on its assets in favor of L&T Infra with KIDF

Petitioner: Amravati Power Transmission Company Limited (APTCL)

Versus

Kotak Infrastructure Debt Fund Limited (KIDFL)

Background: Petitioner has filed this Petition on 26 March 2024, being Case No. 58 of 2024, seeking approval for replacing the encumbrance created on the moveable and immoveable assets of APTCL by way of hypothecation / assignment / mortgage / pledge of the immovable/moveable assets of APTCL in favor of L&T Infrastructure Finance Co.

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