https://www.taxtmi.com/caselaws?id=785596 Section 36(4)(a)(iii) of the Insolvency and Bankruptcy Code excludes provident fund, pension fund and gratuity fund dues from the liquidation estate, so Section 53 waterfall distribution applies only after those protected sums are kept . The note explains that statutory interest under Section 7Q and damages under Section 14B of the Employees' Provident Funds and Miscellaneous Provisions Act are part of the protected provident fund liability, not ordinary liquidation claims. It also states that a separate dedicated fund is not required for exclusion, because the protection depends on the character of the dues, not on earmarking. Accordingly, such amounts are to be paid outside liquidation distribution. en-us Tue, 13 Jan 2026 00:00:00 +0530 Wed, 28 Jan 2026 07:26:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785596 Section 36(4)(a)(iii) of the Insolvency and Bankruptcy Code excludes provident fund, pension fund and gratuity fund dues from the liquidation estate, so Section 53 waterfall distribution applies only after those protected sums are kept . The note explains that statutory interest under Section 7Q and damages under Section 14B of the Employees' Provident Funds and Miscellaneous Provisions Act are part of the protected provident fund liability, not ordinary liquidation claims. It also states that a separate dedicated fund is not required for exclusion, because the protection depends on the character of the dues, not on earmarking. Accordingly, such amounts are to be paid outside liquidation distribution. Case-Laws IBC Tue, 13 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785596