PDUNASS Hosts Workshop On Corporate Insolvency Resolution
ECONOMY & POLICY

PDUNASS Hosts Workshop On Corporate Insolvency Resolution

The Pandit Deendayal Upadhyaya National Academy of Social Security (PDUNASS), New Delhi, conducted a half-day workshop on the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code (IBC), 2016 for members of the Central Board of Trustees (CBT), members of the Investment Committee of the CBT and other officers of the Employees' Provident Fund Organisation (EPFO).

The programme was organised to enhance institutional understanding of insolvency resolution processes and related legal and administrative issues pertinent to EPFO decision making. The workshop aimed to equip trustees and senior officers with practical frameworks for timely and compliant resolution action.

The event was attended virtually by the Central Provident Fund Commissioner (CPFC), who underlined the significance of a clear and informed understanding of the insolvency framework for statutory bodies and the need for timely, well informed decisions to safeguard subscriber interests. The Financial Adviser and Chief Accounts Officer (FA & CAO) also participated virtually and senior leadership from PDUNASS and EPFO Head Office joined in person. Senior officials noted that improved institutional capacity would support adherence to the evolving legal and regulatory landscape.

Sessions covered the insolvency resolution framework, legal finality under the IBC, post resolution recovery, exceptions and administrative closure, and were structured to facilitate detailed deliberation on complex and sensitive matters. The Director of PDUNASS outlined how such capacity building clarifies procedural roles and strengthens confidence among decision makers in handling insolvency related contingencies. Participants engaged in knowledge exchange aimed at aligning administrative practice with statutory requirements.

The initiative reflects PDUNASS's continued commitment to capacity building and to strengthening EPFO's institutional preparedness to address legal and financial challenges arising under the IBC. PDUNASS, established in 1990, is the apex training institute of the Employees' Provident Fund Organisation under the Ministry of Labour and Employment and undertakes training, research and consultancy in the field of social security. The academy will continue to design targeted programmes to support trustees and officials in managing statutory responsibilities effectively.

The Pandit Deendayal Upadhyaya National Academy of Social Security (PDUNASS), New Delhi, conducted a half-day workshop on the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code (IBC), 2016 for members of the Central Board of Trustees (CBT), members of the Investment Committee of the CBT and other officers of the Employees' Provident Fund Organisation (EPFO). The programme was organised to enhance institutional understanding of insolvency resolution processes and related legal and administrative issues pertinent to EPFO decision making. The workshop aimed to equip trustees and senior officers with practical frameworks for timely and compliant resolution action. The event was attended virtually by the Central Provident Fund Commissioner (CPFC), who underlined the significance of a clear and informed understanding of the insolvency framework for statutory bodies and the need for timely, well informed decisions to safeguard subscriber interests. The Financial Adviser and Chief Accounts Officer (FA & CAO) also participated virtually and senior leadership from PDUNASS and EPFO Head Office joined in person. Senior officials noted that improved institutional capacity would support adherence to the evolving legal and regulatory landscape. Sessions covered the insolvency resolution framework, legal finality under the IBC, post resolution recovery, exceptions and administrative closure, and were structured to facilitate detailed deliberation on complex and sensitive matters. The Director of PDUNASS outlined how such capacity building clarifies procedural roles and strengthens confidence among decision makers in handling insolvency related contingencies. Participants engaged in knowledge exchange aimed at aligning administrative practice with statutory requirements. The initiative reflects PDUNASS's continued commitment to capacity building and to strengthening EPFO's institutional preparedness to address legal and financial challenges arising under the IBC. PDUNASS, established in 1990, is the apex training institute of the Employees' Provident Fund Organisation under the Ministry of Labour and Employment and undertakes training, research and consultancy in the field of social security. The academy will continue to design targeted programmes to support trustees and officials in managing statutory responsibilities effectively.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code