Citation : 2022 Latest Caselaw 1442 Bom
Judgement Date : 10 February, 2022
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
NAGPUR BENCH, NAGPUR.
CIVIL WRIT PETITION NO. 693 OF 2022
Murli Industries Limited, Village-Naranda
-Vs-
Union of India, through it's Secretary, Ministry of Labour and Employment, and anr.
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Office notes, Office Memoranda of
Coram, appearances, Court's orders Court's or Judge's Orders.
or directions and Registrar's orders.
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Mr.M.G.Bhangade Senior Advocate a/b Mr.Sarda counsel for the
petitioner.
Mr.N.S.Deshpande, ASGI for respondent No.1.
Mr.R.S.Sundaram counsel for respondent No.2.
CORAM : SUNIL B.SHUKRE &
ANIL L. PANSARE, JJ.
DATE : 10.02.2022.
1. Hearing was conducted through Video
Conferencing and all the learned Advocates agreed that the audio and visual quality was proper.
2. Heard Shri. M.G.Bhangde, learned Senior Advocate for the petitioner, Shri. N.S.Deshpande, learned ASGI for respondent No.1 and Shri. R.S. Sundaram, learned counsel for respondent No.2, both of whom appeared by waiving notice.
3. Upon hearing learned Senior Advocate for the petitioner, we find that this petition, involves an issue regarding the jurisdiction of the EPF Authorities to proceed against the company for realisation of the dues of the provident fund after the resolution plan has been
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approved and acted upon and when before approval of the resolution plan as per the provisions of the Insolvency and Bankruptcy Code, 2016 no claim for realization of these dues was lodged lost by the EPF Authorities. The next contention is that the issue so involved in the petition is squarely covered by the law laid down in the Hon'ble Apex Court in the case of Ghanshyam Mishra and Sons Pvt.Ltd V.Edelweiss Assets Reconsturuction Company Ptvt. Ltd. and ors. reported in 2021(9) SCC 657.
4. Learned Senior Advocate, submits that the law was duly brought to the notice of the respondent No.2 but to no effect and it was also informed on 18.01.2022, which is subsequent to the passing of the order rejecting representation of the petitioner, that the law laid down in Ghanshyam Mishra and Sons Pvt.Ltd V.Edelweiss Assets Reconstruction Company Ptvt. Ltd. and ors. (supra) had been followed by this Court in it's judgment recently delivered, again to no effect.
5. Learned counsel for respondent No.2, submits that this petition is not maintainable on following counts:
(i) There is an alternate remedy in the nature of appeal under Section 7(i) of the Employees Provident Fund Act.
(ii) The EPF Authorities are not covered by the provisions of the Insolvency and Bankruptcy Code, 2016 and therefore, approval of the
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resolution plan thereunder would have no impact whatsoever on the power of the EPF Authoritities to recover the dues on account of the provident fund
(iii) In any case, the petition would lie before a Bench presided over by a learned Single Judge.
6. These issues including the issue of maintainability of the petition would have to be considered at length. We, therefore, issue notice to the respondents on all these issues, returnable after two weeks.
7. Learned ASGI and Mr.Sundaram, learned counsel has already waived notice on behalf of the respondent Nos.1 and 2 respectively.
8. Meanwhile, we direct that no coercive action be taken against the petitioner as regards the realization of the EPF dues till next date.
(ANIL L.PANSARE, J) (SUNIL B. SHUKRE,J)
Signed By:KAVITA PRAVIN TAYADE P. A.
Signing Date:10.02.2022 17:32
Kavita
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