Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: August 19, 2026
Case Overview
This matter involves an appeal filed by the Regional Provident Fund Commissioner - II (EPFO) against M/s. Lokaa Developers Pvt. Ltd., which is represented by its Resolution Professional, Mr. Ramakrishnan Sadasivan. The case concerns a claim made by the Employees' Provident Fund Organisation (EPFO) against the corporate debtor, Lokaa Developers Pvt. Ltd., which is undergoing insolvency resolution proceedings. The tribunal noted that this matter pertains to the EPFO's claim and requires categorization for efficient hearing management.
Final Outcome
The NCLAT directed the learned counsel appearing for the EPFO to categorize their case to enable the tribunal to group similar matters for convenient hearing. The Registry was instructed to publish this case in the supplementary list for the next hearing scheduled on August 28, 2026. The matter remains pending before the tribunal for further proceedings.
Topics: Insolvency Proceedings, EPFO Claims, NCLAT Hearing