EPFO Recovery Certificate Not Sustainable After CIRP Moratorium: NCLAT Delhi

Employees Provident Fund Organisation Vs Rajat Minerals (NCLAT Delhi) The National Company Law Appellate Tribunal (NCLAT) in Delhi has dismissed an appeal filed by the Employees’ Provident Fund Organisation (EPFO), reinforcing that a successful resolution applicant cannot be made liable for claims that were not part of the approved resolution plan. The appeal was filed against an order by the Adjudicating Authority, which had allowed the Successful Resolution Applicant (SRA) of Rajat Minerals to question a recovery certificate issued by the EPFO. The Corporate Insolvency Resolution Proce...