Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: 19 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (Ins) No.127/2022 along with connected interlocutory applications (IA Nos. 299 & 298/2022, 1292/2024 & 1158/2025). The appeal involves the Employees' Provident Fund Organisation (EPFO) as appellant versus T. Sathisan, the Resolution Professional of Splendid Metal Products Ltd., and two other respondents. The matter pertains to EPFO's claim in the corporate insolvency resolution process of Splendid Metal Products Ltd. The tribunal noted that the case requires categorization of EPFO's claims to enable grouping of similar matters for convenient hearing.
Final Outcome
The NCLAT adjourned the hearing and directed the registry to publish the case in the supplementary list on 28 August 2026. The tribunal specifically required the learned counsel appearing for EPFO (Mr. MS Viswanathan, Advocate) to categorize their case to facilitate efficient hearing of similar matters. Mr. T. Ravichandran, Advocate appeared for the first respondent (Resolution Professional).
Topics: NCLAT Proceedings, Insolvency Claims, EPFO Matters