Authority: National Company Law Appellate Tribunal, Chennai (Two-Member Bench)
Order Date: 11 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No.302/2022. The appeal was filed by the Employee Provident Fund Organisation (Appellant) against Mr. Ramakrishnan Sadasivan, the Resolution Professional of M/s. BVV Paper Industries Ltd., along with four other respondents. The matter relates to insolvency proceedings concerning M/s. BVV Paper Industries Ltd. The appeal was originally filed in 2022, with two interlocutory applications (IA Nos.635/2022 & 908/2024) also pending.
During the hearing conducted in hybrid mode, the Appellant was represented by Mr. PK Panneer Selvam, Advocate. The Respondents were represented by Ms. K. Varshini, Advocate (appearing for Mr. T. Ravichandran, Advocate for Respondents 1 and 5) and separately for Mr. Sriram Venkatavaradan, Advocate for Respondent 2. The two-member bench comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical) presided over the matter.
Final Outcome
The NCLAT bench adjourned the hearing and listed the appeal for next hearing on 17 August 2026 under the caption 'For Hearing'. No substantive decisions on the merits of the case were made in this order, which served purely as a procedural adjournment to a future date.
Topics: Insolvency Appeal, NCLAT Proceeding, EPFO Claim