https://www.taxtmi.com/caselaws?id=411078 Provident fund dues are excluded from the liquidation estate and receive special protection under the provident fund law; section 53 of the Insolvency and Bankruptcy Code does not govern such excluded sums. The request to direct payment from the liquidation estate nevertheless failed because the corporate debtor had already been dissolved, the estate had no realizable value, and no assets or receivables remained from which an effective direction could be implemented. The direction sought for payment of provident fund dues from the dissolved debtor's liquidation estate was rejected. en-us Mon, 16 Aug 2021 00:00:00 +0530 Tue, 17 Aug 2021 09:02:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411078 Provident fund dues are excluded from the liquidation estate and receive special protection under the provident fund law; section 53 of the Insolvency and Bankruptcy Code does not govern such excluded sums. The request to direct payment from the liquidation estate nevertheless failed because the corporate debtor had already been dissolved, the estate had no realizable value, and no assets or receivables remained from which an effective direction could be implemented. The direction sought for payment of provident fund dues from the dissolved debtor's liquidation estate was rejected. Case-Laws Insolvency and Bankruptcy Mon, 16 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411078