NCLT Dismisses Subcontractor and Liquidator Claims in VNR Infrastructures Liquidation

NCLT Hyderabad dismissed a subcontractor's claim for payment from insolvent VNR Infrastructures, ruling the EPFO's prior garnishee order took precedence.
The tribunal allowed a new management's application, directing EPFO to reactivate the company's PF code without clearing past statutory dues.
The liquidator's application to release funds withheld by the EPFO was dismissed, as the garnishee order was issued prior to CIRP.