https://www.taxtmi.com/caselaws?id=796235 Unadjudicated interest and damages under provident fund law that remain undetermined and non-final when the corporate insolvency resolution process begins are contingent, uncrystallized liabilities. Although provident fund dues may be excluded from the liquidation estate, a resolution plan need not include such uncrystallized interest and damages. The Committee of Creditors may make a lump-sum provision in its commercial wisdom, but omission does not itself breach the Insolvency and Bankruptcy Code. Resolution applicants are entitled to certainty over assumed liabilities, and a Committee-approved plan may be rejected only on the limited statutory grounds governing plan approval. en-us Tue, 28 Jul 2026 00:00:00 +0530 Mon, 03 Aug 2026 08:20:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796235 Unadjudicated interest and damages under provident fund law that remain undetermined and non-final when the corporate insolvency resolution process begins are contingent, uncrystallized liabilities. Although provident fund dues may be excluded from the liquidation estate, a resolution plan need not include such uncrystallized interest and damages. The Committee of Creditors may make a lump-sum provision in its commercial wisdom, but omission does not itself breach the Insolvency and Bankruptcy Code. Resolution applicants are entitled to certainty over assumed liabilities, and a Committee-approved plan may be rejected only on the limited statutory grounds governing plan approval. Case-Laws IBC Tue, 28 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796235