NCLAT Chennai Reserves Judgment in EPFO vs RP Appeal

Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)

Order Date: 03 June 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT) (CH) (Ins) No. 455/2024 along with interim applications IA Nos. 1242 & 1243/2024. The appeal was filed by the Employees Provident Fund Organisation (Regional Provident Fund Commissioner) as the Appellant against CA Shirley Mathew, who serves as the Resolution Professional (RP) of M/s. Soubhagya Laxmi Sugars Ltd., the Respondent. The hearing was conducted in hybrid mode, and arguments from the Appellant's side were presented by Mr. R. Vishnu, Advocate. The tribunal concluded hearing the arguments and reserved its judgment.

Final Outcome

The NCLAT bench comprising Justice Sharad Kumar Sharma (Member-Judicial) and Jatindranath Swain (Member-Technical) reserved judgment after concluding arguments. The Appellant's counsel was granted permission to file written submissions within one week from the order date (by 10 June 2026). The final judgment in this matter is pending and will be delivered at a later date.

Topics: NCLAT Proceedings, Insolvency Matter, EPFO Claim