EPFO Claims Rejected in CIRP Due to Lack of Sections 7A, 7Q & 14B Adjudication

Bank of India Vs Vishal Structurals Private Limited (NCLT Mumbai) In the matter concerning National Company Law Tribunal approval of the resolution plan for Vishal Structurals Private Limited, the Tribunal considered an application filed by the Resolution Professional under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 seeking approval of the resolution plan submitted by Bekem Infra Projects Private Limited. The Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor commenced on 12.03.2025 following admission of a Section 7 petition. Public announcements were i...