Edelweiss Asset Reconstruction Limited vs. Regional PF Commissioner II & Recovery Officer, Bengaluru 2025 INSC 1045 - SARFAESI - PF Act
Note
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Note: No legal aspects discussed in this judgment - Supreme Court set aside the Karnataka High Court’s order and remanded the case for fresh consideration after impleading Axis Bank - The dispute concerns priority of claims over auctioned properties between EPFO and secured creditors like Axis Bank under the PF Act and SARFAESI Act.
Case Info
Case Name and Neutral Citation
- Case Name: M/S Edelweiss Asset Reconstruction Limited vs. Regional PF Commissioner II & Recovery Officer, Bengaluru & Anr.
- Neutral Citation: 2025 INSC 1045
Coram (Judges)
- Justice Vikram Nath
- Justice Sanjay Karol
- Justice Sandeep Mehta
Judgment Date
- August 26, 2025
Caselaws and Citations Referred
- Maharashtra State Co-operative Bank vs. Assistant PF Commissioner (specific citation not provided in the text, but referenced as a Supreme Court judgment relevant to Section 11(2) of the PF Act)
Statutes/Laws Referred
- Employees Provident Fund and Miscellaneous Provisions Act, 1952 (PF Act)
- Section 7(A)
- Section 7(Q)
- Section 8(B) to 8(G)
- Section 11(2)
- Section 14/14(A)
- Section 14(B)
- Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act)
- Section 35
