# In the matter of STL Exports Pvt. Ltd.

> NCLT judgment dated 2025-12-10. Citation: TCN-2025-NCLT-01883. The Employees Provident Fund Organisation (EPFO) filed an interlocutory application under…

- **Court:** NCLT
- **Order date:** 10 Dec 2025
- **Citation:** TCN-2025-NCLT-01883
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-indore/stl-exports-pvt-ltd-a5b0571f

## Summary

### Background

The Employees Provident Fund Organisation (EPFO) filed an interlocutory application under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, seeking directions for the Liquidator of STL Exports Pvt. Ltd. to admit and accept the statutory claim of provident fund dues amounting to Rs. 44,10,204/-. The EPFO claimed that the PF dues constitute a statutory first charge over the assets of the Corporate Debtor and should be excluded from the liquidation estate.

## Facts

The Employees Provident Fund Organisation (EPFO) filed an application seeking the admission of their claim for provident fund dues against STL Exports Pvt. Ltd., which is under liquidation.

The liquidation order for STL Exports Pvt. Ltd. was passed on 11.08.2023.

The EPFO filed its claim with the Liquidator on 14.11.2024, which was after the last date for submission of claims.

The assessment orders for the PF dues were passed on 04.11.2024, 13.11.2024 and 14.11.2024, all subsequent to the commencement of the liquidation proceedings.

The Liquidator rejected the EPFO's claim on the grounds that it was filed belatedly and that the assessment orders were passed after the commencement of liquidation.

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## Issues and analysis

### Issue 1: Whether the claim for dues in the present application has been filed within the prescribed …

**Ratio:** The claim was filed after the prescribed timelines under the IB Code and after the

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**Reasoning:** The liquidation order was passed on 11.08.2023, and the claim was filed on 14.11.2024,

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**Interpretation:** The IB Code mandates that claims must be filed within the prescribed timelines,

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**Application:** The Adjudicating Authority held that the claim was inadmissible because it was

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## Parties

- **Judges:** Brajendra Mani…; Man Mohan…
- **Appellants:** Employees…
- **Respondents:** STL Exports…; STL Exports Pvt.…; +1 more
- **Other parties:** Anil Ag…; Rashnidhi Kumar &…
- **Advocates:** Darshana…; Rishabh S.…

## Timeline

- **2025-12-10 — Order Del…**: Pronouncement of order…
- **2025-05-05 — Application…**: Interlocutory Application filed on 05.05.2025, under Section 60(5) of the Insolvency and…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 60(5) — Adjudicating Authority for corporate persons](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-60)

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