Authority: National Company Law Appellate Tribunal Chennai Bench (Appellate Jurisdiction)
Order Date: 28 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Chennai Bench, comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical), heard two connected appeals filed by the Employees' Provident Fund Organisation (EPFO) against Furnace Fabrica (India) Ltd. The first appeal (Company Appeal (AT) (CH) (Ins) No. 488/2025) was filed by the Regional Provident Fund Commissioner-II, EPFO against Furnace Fabrica (India) Ltd. represented by its Resolution Professional and another respondent. The second appeal (Company Appeal (AT) (CH) (Ins) No. 50/2026) was filed by The Central Board of Trustees represented by Regional Provident Fund Commissioner-II, EPFO against Alok Kumar Agarwal, RP of Furnace Fabrica (India) Ltd. and another respondent. Both appeals relate to the corporate insolvency resolution process of Furnace Fabrica (India) Ltd.
Final Outcome
The NCLAT adjourned both matters to 29 October 2026 at 2:00 PM for further hearing. No substantive decisions were made in this order, which solely addressed the scheduling of the appeals.
Topics: Insolvency Proceedings, EPFO Claims, NCLAT Adjournment