Assessment proceedings cannot be continued by EPFO after initiation of moratorium u/s. 14(1) of IBC

Employees’ Provident Fund Organization Regional Office Vs Jaykumar Pesumal Arlani (NCLAT Delhi) NCLAT Delhi held that after initiation of moratorium under section 14(1) of the Insolvency and Bankruptcy Code, 2016 [IBC], no assessment proceedings can be continued by EPFO. Accordingly, appeal dismissed. Facts- The Corporate Insolvency Resolution Process against the Corporate Debtor – Decent Laminate Pvt. Ltd. Commenced after an order dated 03.05.2021 passed by NCLT, Ahmedabad Bench. The Appellant initiated proceedings u/s. 7A of the Employees’ Provident Fund & Misc. Provisions Act, 195...