Resolution plan duly approved as gratuity and provident fund of workers admitted in full: NCLAT Delhi

Audico Forge Kamgar Sangathana Vs CA Ramchandra Dallaram Choudhary (NCLAT Delhi) NCLAT Delhi held that no error has been committed by the Adjudicating Authority in approving the Resolution Plan. Since the gratuity and provident fund of the workers having been admitted in full and paid in full in the Resolution Plan. Facts- On an application filed by Financial Creditor, Corporate Insolvency Resolution Process gainst the Corporate Debtor – M/s Adico Forge Pvt. Ltd. commenced vide order dated 23.06.2023. The Appellant – Union filed their claim with the Interim Resolution Professional. Tot...