ValkyaEditorial

Tagged “section-14”

1 article on section-14.

Landmark JudgmentNational Company Law Appellate Tribunal, New Delhi

Sunil Kumar Jain v. EPFO: when the moratorium meets the assessment order

A clean NCLAT ruling on a question that had been quietly bedeviling resolution professionals across the country: can the EPFO continue assessment proceedings during a moratorium under Section 14 of the IBC? The Tribunal has held that it cannot — and that an assessment order passed during CIRP is, accordingly, unenforceable against the corporate debtor.

Valkya Editorial··8 min