In one of my management audit, auditor had remarked that principal employer is held responsible for maintaining attendance records, PF challans, Over time etc etc all relevant records.
However, when i refered the contract regulation and abolition act, it is clearly stated that to maintain the records, employer is not liable but liable to pay wages. OT etc as per the law. It is the responsibility of contract agency to keep all the record and for that purpose he has been taken as contractor.
16th October 2007 From India, Valsad