Dear Respected,
Please, someone help me out with how to close the ESIC registration after the company is already running. I have registered the company in the ESIC portal and added two company employees. However, it was decided that management will provide them with group insurance instead of ESIC.
I had a conversation with the ESIC officer, and he mentioned that there is no option to close the ESIC portal registration if the company is already running. Please help.
From India, Delhi
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2Please, someone help me out with how to close the ESIC registration after the company is already running. I have registered the company in the ESIC portal and added two company employees. However, it was decided that management will provide them with group insurance instead of ESIC.
I had a conversation with the ESIC officer, and he mentioned that there is no option to close the ESIC portal registration if the company is already running. Please help.
From India, Delhi
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@Rajneesh
The officer is correct, ESIC registration cannot be revoked or cancelled; it will stay valid for the establishment for a lifetime. If the establishment has planned anything in the insurance sector that is better than the ESIC facility, then they can approach the ESIC. If they find it better than ESIC, upon their approval, they would be permitted to exclude the employees subject to the inclusion of the new applicable insurance.
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The officer is correct, ESIC registration cannot be revoked or cancelled; it will stay valid for the establishment for a lifetime. If the establishment has planned anything in the insurance sector that is better than the ESIC facility, then they can approach the ESIC. If they find it better than ESIC, upon their approval, they would be permitted to exclude the employees subject to the inclusion of the new applicable insurance.
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List_enclosure ESIC Registration procedure.PDF
Registration Procedure.doc