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 against the corporate insolvency resolution process of The National Sewing Thread Company Ltd.

The appeals are:

  • Company Appeal (AT) (CH) (Ins) No.179/2022: Filed by The Regional Provident Fund Commissioner against Mr. Arunava Sikdar (Resolution Professional), The National Sewing Thread Company Ltd., and three other respondents
  • Company Appeal (AT) (CH) (Ins) No.229/2022: Filed by M. Vigneshwaran, The Regional Provident Fund Commissioner II/OIC, EPFO against Mr. Arunava Sikdar (Resolution Professional), The National Sewing Thread Company Ltd., and two other respondents

The appeals challenge aspects of the corporate insolvency resolution process being conducted for The National Sewing Thread Company Ltd. under the supervision of Resolution Professional Mr. Arunava Sikdar. The Regional Provident Fund Commissioner/EPFO appears to be a creditor raising concerns about the resolution process.

Final Outcome

The NCLAT bench comprising Justice Sharad Kumar Sharma (Member-Judicial) and Jatindranath Swain (Member-Technical) has listed both appeals for final hearing on September 7, 2026. The order simply schedules the matter for hearing without making any substantive determinations on the merits of the appeals. The appeals will be heard under the caption 'For Hearing' on the specified date.

Topics: NCLAT Proceedings, Corporate Insolvency, EPFO Claims