https://www.taxtmi.com/article/detailed?id=17452 Provident-fund sums due to employees are excluded from the liquidation estate, but statutory interest and damages that were not determined before commencement of the corporate insolvency resolution process may be contingent liabilities. A resolution plan may provide for determined provident-fund dues without separately providing for uncrystallised interest and damages. The committee of creditors may reserve an amount for such contingencies, but is not required to do so merely because liability may later arise. Resolution applicants must be able to identify assumed liabilities within the fixed insolvency timeline. en-us Thu, 24 Sep 2026 08:27:47 +0530 Thu, 24 Sep 2026 08:27:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17452 Provident-fund sums due to employees are excluded from the liquidation estate, but statutory interest and damages that were not determined before commencement of the corporate insolvency resolution process may be contingent liabilities. A resolution plan may provide for determined provident-fund dues without separately providing for uncrystallised interest and damages. The committee of creditors may reserve an amount for such contingencies, but is not required to do so merely because liability may later arise. Resolution applicants must be able to identify assumed liabilities within the fixed insolvency timeline. Articles Goods and Services Tax - GST Thu, 24 Sep 2026 08:27:47 +0530 https://www.taxtmi.com/article/detailed?id=17452