Industrial Relations And Labour Laws

Thread Started by #ManishTanwar

Dear Sir, Our Company registered under EPF act. All employees are covered under EPF Act. Now we are registering a new company and transfer our 5 employees in new company.
Query :
1. We have to register our New company under EPF Act. or not
2. Once a member always a member under EPF Act.
We want a proof of above said condition : circular or Scan of Rule book
Please help us to solve it.
Manish Tanwar
14th December 2017 From India, Noida
If new company having different directors then pf will be applicable as per coverage limit of of act
14th December 2017 From India, Pune
New company have same Directors : Then ?
14th December 2017 From India, Noida
If your Directors are the Directors of the new company also the EPFO will combine the two establishments for coverage. This is so even if you have separate registration certificate from the Factories or Shops authorities. In such scenario, your new company will also become covered by PF. When there is a transfer from one company to the other one, the financial integrality is easily proved.
A member once covered will continue to be covered under PF. Please quote scheme 26A of the Employees provident Fund Scheme, 1952
14th December 2017 From India, Kannur
Reply (Add What You Know) Start New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™