NCLT Kolkata bench dismisses EPFO's application seeking admission of a revised claim of Rs 1.29 crore against corporate debtor Jai Venktesh Concast.
The tribunal ruled that claims for interest and damages assessed after CIRP commencement are unenforceable during moratorium.
The Resolution Professional had already admitted the pre-CIRP crystallized claim of Rs 21.86 lakh, which was provided for in the approved resolution plan.
The order reinforces the legal principle that statutory assessments cannot enlarge liability after insolvency commencement date.