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Baldev Shandilya
3

Dear All,
Please guide me , when any company take over another running organization what are the legal process , what documents should be maintained , what are the liabilities of ESI & PF act, Factory act, Bonus act etc.
The organization already coverd coverd esic/pf /factory act/ approved man power than we can continue old esic / pf code , what type of letter or documents to be produce to esic/pf.
Regards
Baldev

From India, Delhi
Avika
117

If the name of the organization has been changed, a fresh Certificate of Incorporation (COI) would have been issued by the ROC. The intimation of the change in name has to be given to the authorities by way of a letter attaching the copy of the fresh COI so that they can update their records with the new name and the codes/ registration numbers would remain same.
If the name has not been changed, there is no need to take any action as there is only a change in shareholding and does not affect the registration with the PF & ESI authorities.
Thanks & Regards,
Avika Kapoor

From India, New Delhi
thilaga_09@yahoo.in
1

Hi,
Please help me, when any company take over another running organization, whether a letter of transfer has to be given to the employees or relieving and experience letter has to be given.
If you have kindly share me the format of letter of transfer for the company take over.

From India, Madras
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