Interest payable by the employer under Section 7Q and the damages levied under Section 14B of the EPF Act will also be covered as dues from the employer and the same does not form part of the Liquidation Estate and will fall outside the waterfall mechanism as stipulated under Section 53 of the IBC – Employees Provident Fund Organisation (EPFO) Vs. Sandeep D. Maheshwari, Liquidator of Shiv Mfg. Pipes Pvt. Ltd. – NCLT Mumbai Bench

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Interest payable by the employer under Section 7Q and the damages levied under Section 14B of the EPF Act will also be covered as dues from the employer and the same does not form part of the Liquidation Estate and will fall outside the waterfall mechanism as stipulated under Section 53 of the IBC – Employees Provident Fund Organisation (EPFO) Vs. Sandeep D. Maheshwari, Liquidator of Shiv Mfg. Pipes Pvt. Ltd. – NCLT Mumbai Bench Read Post »