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 heard two connected appeals filed by the Employees' Provident Fund Organisation (EPFO) against Furnace Fabrica (India) Ltd., which is undergoing corporate insolvency resolution process.
In Company Appeal (AT) (CH) (Ins) No. 488/2025, the appellant is Regional Provident Fund Commissioner-II, EPFO, while the respondents are Furnace Fabrica (India) Ltd. represented by its Resolution Professional and another party. The appellant is represented by Mr. Tamil Eniyan and Mr. R. Vishnu, Advocates, while the respondents are represented by Mr. Pulkitesh Dutt Tiwari and Ms. Anjali Chauhan, Advocates.
In the connected matter, Company Appeal (AT) (CH) (Ins) No. 50/2026, the appellant is The Central Board of Trustees represented by Regional Provident Fund Commissioner-II, EPFO, while the respondents are Alok Kumar Agarwal (Resolution Professional of Furnace Fabrica (India) Ltd.) and another party. The respondents are represented by Mr. Pulkitesh Dutt Tiwari and Ms. Anjali Chauhan, Advocates.
The bench comprising Justice N. Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical) heard the matters in hybrid mode but did not address any substantive issues related to the appeals.
Final Outcome
The NCLAT Chennai Bench adjourned both appeals and listed them for further hearing on 29 October 2026 at 2:00 PM. No substantive decisions were made regarding the merits of the EPFO's claims against Furnace Fabrica (India) Ltd. in this procedural order.
Topics: NCLAT Proceedings, Corporate Insolvency, EPFO Claims