https://www.taxtmi.com/caselaws?id=750794 Amounts admitted under Section 7Q of the Employees' Provident Funds & Miscellaneous Provisions Act formed part of provident fund dues and were required to be honoured in the resolution plan; the successful resolution applicant was directed to pay them. Damages under Section 14B were treated separately from ordinary provident fund dues, and the Tribunal preserved the route of seeking waiver before the Central Board rather than issuing an unconditional direction for immediate payment. The resolution plan was otherwise substantially sustained, with statutory provident fund liabilities protected and Section 14B damages left open for waiver consideration. en-us Wed, 13 Mar 2024 00:00:00 +0530 Fri, 29 Mar 2024 21:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750794 Amounts admitted under Section 7Q of the Employees' Provident Funds & Miscellaneous Provisions Act formed part of provident fund dues and were required to be honoured in the resolution plan; the successful resolution applicant was directed to pay them. Damages under Section 14B were treated separately from ordinary provident fund dues, and the Tribunal preserved the route of seeking waiver before the Central Board rather than issuing an unconditional direction for immediate payment. The resolution plan was otherwise substantially sustained, with statutory provident fund liabilities protected and Section 14B damages left open for waiver consideration. Case-Laws Insolvency and Bankruptcy Wed, 13 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750794