https://www.taxtmi.com/article/detailed?id=10334 A transferee liability under Section 17B of the Provident Fund Act makes a resolution applicant jointly and severally liable for employer PF contributions due up to transfer; the NCLAT held this statutory obligation must be satisfied even if an approved resolution plan allocates lesser amounts, directed the successful resolution applicant to pay the shortfall, and modified the resolution plan accordingly. en-us Wed, 30 Mar 2022 10:21:47 +0530 Wed, 30 Mar 2022 10:21:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10334 A transferee liability under Section 17B of the Provident Fund Act makes a resolution applicant jointly and severally liable for employer PF contributions due up to transfer; the NCLAT held this statutory obligation must be satisfied even if an approved resolution plan allocates lesser amounts, directed the successful resolution applicant to pay the shortfall, and modified the resolution plan accordingly. Articles Corporate Laws / IBC / SEBI Wed, 30 Mar 2022 10:21:47 +0530 https://www.taxtmi.com/article/detailed?id=10334