Hello Folks!!
I am working for a pvt ltd company in Bangalore. We are primarily into trading of industrial products and to an extent assemble machines. My company is not covered under ESIC. The company has crossed 20 employees in Sep 2003 and today we have a strength of 57 employees. I have the following clarifications:
1. Does the Act say, If the no. of employees earning <10,000p.m is less than 10 in an orgn, the orgn need not be registered under ESI?
2. Can we get the coverage from today onwards or should we get ourselves regd from 2003 onwards?
3. If from 2003, should all the arrears be remitted to ESIC?
4. Are there any penalty clause for not getting registered all these years, and what would be the extent of penalty?
Kindly provide your valuable feedback.
With Best Rgds - Sharath (9341906204)
Mail:chathoos_007@rediffmail.com
I am working for a pvt ltd company in Bangalore. We are primarily into trading of industrial products and to an extent assemble machines. My company is not covered under ESIC. The company has crossed 20 employees in Sep 2003 and today we have a strength of 57 employees. I have the following clarifications:
1. Does the Act say, If the no. of employees earning <10,000p.m is less than 10 in an orgn, the orgn need not be registered under ESI?
2. Can we get the coverage from today onwards or should we get ourselves regd from 2003 onwards?
3. If from 2003, should all the arrears be remitted to ESIC?
4. Are there any penalty clause for not getting registered all these years, and what would be the extent of penalty?
Kindly provide your valuable feedback.
With Best Rgds - Sharath (9341906204)
Mail:chathoos_007@rediffmail.com