Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: June 24, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed two connected appeals filed by the Regional Provident Fund Commissioner for hearing on September 7, 2026. The appeals are numbered Company Appeal (AT) (CH) (Ins) No.179/2022 and Company Appeal (AT) (CH) (Ins) No.229/2022 (along with IA No.490/2022).
The appellant in both cases is the Regional Provident Fund Commissioner/EPFO (Employees' Provident Fund Organisation). In Appeal No.179/2022, the appellant is identified as "The Regional Provident Fund Commissioner" while in Appeal No.229/2022, the appellant is "M. Vigneshwaran, The Regional Provident Fund Commissioner II/OIC, EPFO."
The respondents in both appeals include Mr. Arunava Sikdar in his capacity as the Resolution Professional (RP) of The National Sewing Thread Company Ltd., along with other parties. The appeals appear to challenge certain aspects of the corporate insolvency resolution process involving The National Sewing Thread Company Ltd., specifically concerning EPFO's claims and rights as a statutory creditor.
Representation includes Mr. K. Panneer Selvam, Advocate for the Appellant (EPFO); Ms. Navya Sharma, Advocate for Respondent 1 (Resolution Professional); Mr. Sailesh, Advocate for Respondents 2 & 3; and Ms. Varsha Banerjee, Advocate for Respondent 4.
The bench hearing the matter consists of Justice Sharad Kumar Sharma (Member-Judicial) and Jatindranath Swain (Member-Technical). The order was passed in hybrid mode.
Final Outcome
The NCLAT has adjourned the hearing of both appeals to September 7, 2026. The matters will be listed under the caption 'For Hearing' on that date. No substantive decisions or directions were issued in this order, which serves solely to schedule the next hearing date.
Topics: NCLAT Proceedings, Corporate Insolvency, EPFO Claims