Authority: National Company Law Appellate Tribunal Chennai Bench (Appellate Jurisdiction)
Order Date: 19 August 2026
Case Overview
The matter involves two connected appeals (Company Appeal (AT) (CH) (Ins) No. 488/2025 and Company Appeal (AT) (CH) (Ins) No. 50/2026) concerning claims filed by the Employees' Provident Fund Organisation (EPFO) against Furnace Fabrica (India) Ltd., which is undergoing corporate insolvency resolution process.
In the first appeal (No. 488/2025), the Regional Provident Fund Commissioner-II, EPFO is the appellant against Furnace Fabrica (India) Ltd. represented by its Resolution Professional and another respondent. In the second connected appeal (No. 50/2026), the Central Board of Trustees represented by Regional Provident Fund Commissioner-II, EPFO is the appellant against Alok Kumar Agarwal (Resolution Professional of Furnace Fabrica (India) Ltd.) and another respondent.
The bench comprising Justice N. Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical) heard representations from advocates Mr. R. Vishnu for the EPFO (appellant) and Mr. Pulkitesh Dutt Tiwari for the respondents.
The Tribunal noted that the matter pertains to the claim of the EPFO and requires the EPFO's counsel to categorize their case to enable grouping of similar matters for convenient hearing.
Final Outcome
The NCLAT Chennai Bench postponed the hearing and directed the Registry to publish this case in the supplementary list on 28 August 2026 for next hearing. The order represents a procedural adjournment to allow for better case management and grouping of similar EPFO claim matters.
Topics: NCLAT Proceedings, EPFO Claims, Corporate Insolvency