NCLAT Stays EPFO Claim Recovery Against Jindal Saw

Authority: National Company Law Appellate Tribunal (NCLAT) Chennai Bench

Order Date: September 15, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai heard twin appeals (Company Appeal (AT) (CH) (Ins) No. 338/2026 and 339/2026) filed by Jindal Saw Limited in its capacity as the Successful Resolution Applicant (SRA) of M/s. Sathavahana Ispat Limited. The appeals challenge an order passed by the Adjudicating Authority (presumably the NCLT) concerning certain claims made by the Employees' Provident Fund Organisation (EPFO) against the corporate debtor. The appellant, Jindal Saw, argued that amounts pertaining to the EPFO claims had already been set aside and paid during the corporate insolvency resolution process.

Final Outcome

The NCLAT bench, comprising Justice N Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical), issued an interim order staying the recovery of the claim amount by EPFO. The tribunal directed that notice be issued to the respondents (EPFO and another party in one appeal) through all modes except substituted service. Specific notice was also directed to the counsel representing EPFO who appears before the Adjudicating Authority. The matter has been listed for the next hearing on October 9, 2026.

Topics: Corporate Insolvency, EPFO Claims, NCLAT Proceedings