https://www.taxtmi.com/caselaws?id=447692 Provident fund dues admitted in Form B were treated as statutory dues excluded from the liquidation estate, and because the claim had already been recognised in the insolvency process, it had to be paid by the resolution applicant under the approved resolution plan. By contrast, the later assessed interest and penalty were not crystallized within the insolvency timelines and were not part of the timely filed claim, so they could not be compelled to be admitted at that stage. The appeal therefore succeeded only on the admitted provident fund component and failed on the belated interest and penalty claim. en-us Tue, 31 Oct 2023 00:00:00 +0530 Wed, 03 Jan 2024 08:14:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447692 Provident fund dues admitted in Form B were treated as statutory dues excluded from the liquidation estate, and because the claim had already been recognised in the insolvency process, it had to be paid by the resolution applicant under the approved resolution plan. By contrast, the later assessed interest and penalty were not crystallized within the insolvency timelines and were not part of the timely filed claim, so they could not be compelled to be admitted at that stage. The appeal therefore succeeded only on the admitted provident fund component and failed on the belated interest and penalty claim. Case-Laws Insolvency and Bankruptcy Tue, 31 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447692