The Liquidator of the Corporate Debtor filed applications challenging orders and recovery notices issued by the Regional PF Commissioner for provident fund dues, interest, damages, and penalty, arguing that these were issued in violation of the moratorium imposed during CIRP and liquidation.
The Corporate Insolvency Resolution Process (CIRP) was initiated against Petron Engineering Construction Limited (Corporate Debtor) by an order dated March 23, 2018, which also imposed a moratorium under section 14 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor informed the Regional PF Commissioner (Respondent) about the CIRP and moratorium on April 6, 2018. Despite this, the Respondent issued summons on October 4, 2018, under Section 7A of the EPF & MP Act 1952, to inquire into outstanding Provident Fund dues.
…Corporate Insolvency Resolution Process…
Corporate Debtor informed the Respondent about…
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The Liquidator of the Corporate Debtor filed applications challenging orders and recovery notices issued by the Regional PF Commissioner for provident fund dues, interest, damages, and penalty, arguing that these were issued in violation of the moratorium imposed during CIRP and liquidation.
The Corporate Insolvency Resolution Process (CIRP) was initiated against Petron Engineering Construction Limited (Corporate Debtor) by an order dated March 23, 2018, which also imposed a moratorium under section 14 of the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor informed the Regional PF Commissioner (Respondent) about the CIRP and moratorium on April 6, 2018. Despite this, the Respondent issued summons on October 4, 2018, under Section 7A of the EPF & MP Act 1952, to inquire into outstanding Provident Fund dues.
…Corporate Insolvency Resolution Process…
Corporate Debtor informed the Respondent about…
Sign in to view related legal provisions.