Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee, Member (Judicial) and Jatindranath Swain, Member (Technical))
Order Date: 19 August 2026
Case Overview
This matter involves an appeal filed by Punjab National Bank against Shivadutt Bannanje, the Liquidator of M/s. Falcon Tyres Ltd. (In Liquidation), and another respondent. The case specifically pertains to the claim of the Employees' Provident Fund Organisation (EPFO) in the liquidation proceedings of Falcon Tyres Ltd. The tribunal is dealing with the categorization of EPFO's claim to enable efficient grouping of similar matters for convenient hearing.
Final Outcome
The NCLAT directed the learned counsel appearing for the EPFO to categorize their case. The Registry was instructed to publish this case in the supplementary list for the next hearing scheduled on 28 August 2026. The matter remains pending for further hearing.
Topics: Insolvency Proceedings, EPFO Claims, Banking Litigation