# In the matter of General Composite Pvt. Ltd.

> NCLT judgment dated 2025-10-06. Citation: TCN-2025-NCLT-01521. The Central Board of Trustees, Employees Provident Fund filed a Company Appeal against the…

- **Court:** NCLT
- **Order date:** 6 Oct 2025
- **Citation:** TCN-2025-NCLT-01521
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-mumbai/general-composite-pvt-ltd-042f097e

## Summary

### Background

The Central Board of Trustees, Employees Provident Fund filed a Company Appeal against the liquidator's decision to not admit their claim for statutory dues. The corporate debtor is under liquidation, and the appellant's claim was filed after the liquidation commencement date.

## Facts

The Corporate Insolvency Resolution Process (CIRP) commenced on 02.09.2019.

The Corporate Debtor was admitted into liquidation on 05.03.2024.

The Appellant filed a claim with the Liquidator on 26.08.2024.

The Liquidator rejected the claim, stating it was beyond the last date of receipt.

The Appellant's claim pertains to statutory dues under the Employees' Provident Funds & Miscellaneous Provisions Act, 1952.

The Appellant filed the present appeal being aggrieved by the Liquidator's decision.

The claim includes dues under sections 7A, 7Q, and 14B of the Employees' Provident Funds & Miscellaneous Provisions Act.

The appeal was filed on 30.11.2024, while the Appellant was informed of the rejection on 01.05.2024 and 11.09.2024.

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## Issues and analysis

### Issue 1: Whether the appeal filed by the Appellant is maintainable given the delay in filing beyond the …

**Ratio:** Section 42 of the IBC prescribes a period of 14 days for filing an appeal against the

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**Reasoning:** The Appellant was informed of the Liquidator's decision on 01.05.2024 and 11.09.2024, but

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**Interpretation:** The tribunal interpreted Section 42 strictly, emphasizing the time-bound nature

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**Application:** The tribunal applied the provision to the facts and held that the appeal was

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## Parties

- **Judges:** Prabhat…; Sushil Mahadeorao…
- **Appellants:** Central Board of…; Kuma…
- **Respondents:** General Composite…
- **Other parties:** Shavez…; Regional P.F.…; +1 more
- **Advocates:** Shavez…; Gunjan Ch…; +1 more

## Timeline

- **2019-09-02 — CIRP Commen…**: Corporate Insolvency…
- **2024-03-05 — Liquidation…**: Corporate Debtor…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 7 — Initiation of corporate insolvency resolution…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-7)

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