The Employees' Provident Fund Organisation (EPFO) filed an application seeking directions against the respondents to implement orders passed by the EPFO. The EPFO claimed Rs. 35,66,200/- under Section 7-A, Section 14 (B), and Section-7Q of the EPF & MP Act, 1952, as per the revised claim dated 29.07.2022. The EPFO sought remittance of the amount and exclusion of sums due to workmen/employees from the corporate debtor's liquidation estate assets. The applicant initially initiated an inquiry under Section 7A of the EPF & MP Act, 1952, for non-compliance with EPF provisions. The Resolution Professional rejected the revised claim, stating it lacked documentary evidence and was filed after the 90-day period for claim submission as per CIRP Regulation 12(2) of the IBC 2016.
The Employees' Provident Fund Organisation (EPFO) filed an application (IA No. 1556/2022) in CP (IB) No.250/Chd/Hry/2018 against K.S.M. Spinning Mills Limited, the Corporate Debtor, and Sh. Nipan Bansal, the Resolution Professional, seeking the implementation of orders passed by the EPFO and remittance of Rs. 35,66,200/- determined under Section 7-A, Section 14 (B), and Section-7Q of the EPF & MP Act, 1952, as per the revised claim dated 29.07.2022. The EPFO's claim pertains to EPF dues for the period 09/2017 to 11/2019. The applicant-EPFO initiated an enquiry under Section 7A of EPF & MP Act 1952 against the corporate debtor for not complying with the provisions of EPF & MP Act by not depositing the EPF dues. The Resolution Professional rejected the
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The Employees' Provident Fund Organisation (EPFO) filed an application seeking directions against the respondents to implement orders passed by the EPFO. The EPFO claimed Rs. 35,66,200/- under Section 7-A, Section 14 (B), and Section-7Q of the EPF & MP Act, 1952, as per the revised claim dated 29.07.2022. The EPFO sought remittance of the amount and exclusion of sums due to workmen/employees from the corporate debtor's liquidation estate assets. The applicant initially initiated an inquiry under Section 7A of the EPF & MP Act, 1952, for non-compliance with EPF provisions. The Resolution Professional rejected the revised claim, stating it lacked documentary evidence and was filed after the 90-day period for claim submission as per CIRP Regulation 12(2) of the IBC 2016.
The Employees' Provident Fund Organisation (EPFO) filed an application (IA No. 1556/2022) in CP (IB) No.250/Chd/Hry/2018 against K.S.M. Spinning Mills Limited, the Corporate Debtor, and Sh. Nipan Bansal, the Resolution Professional, seeking the implementation of orders passed by the EPFO and remittance of Rs. 35,66,200/- determined under Section 7-A, Section 14 (B), and Section-7Q of the EPF & MP Act, 1952, as per the revised claim dated 29.07.2022. The EPFO's claim pertains to EPF dues for the period 09/2017 to 11/2019. The applicant-EPFO initiated an enquiry under Section 7A of EPF & MP Act 1952 against the corporate debtor for not complying with the provisions of EPF & MP Act by not depositing the EPF dues. The Resolution Professional rejected the
…Period for which EPF…
Copy of the order dated…