ESI contributions not “workers dues” under IBC, not on same footing as Provident Fund dues: NCLT Ahmedabad

The NCLT held that dues to the ESIC would fall under the category of “statutory dues” to an operational creditor.

The National Company Law Tribunal (NCLT) at Ahmedabad recently clarified that contributions due from a company to the Employees State Insurance Corporation (ESIC) do not fall under the category of “workers dues” under the Insolvency and Bankruptcy Code (IBC).

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