I am working in a logistics company. We have branches throughout India.
Our company is registered under ESIC and subcode has been obtained for all the branches.
Now recently our company has made a joint venture with a foreign company and formed a new company. All the employees have taken over by the new company with an undertaking of continuity of services. For the new company new Memorandum of Articles has been made.
Kindly advise me whether we can continue with the ESI registration of previous company and continue remitting the ESI contributions with the existing code or we have to register separately for the new company. Is it possible to register all the branches and obtain subcode at one stretch.
Kindly guide me. Your help is needed urgently.
Regards
erv
Our company is registered under ESIC and subcode has been obtained for all the branches.
Now recently our company has made a joint venture with a foreign company and formed a new company. All the employees have taken over by the new company with an undertaking of continuity of services. For the new company new Memorandum of Articles has been made.
Kindly advise me whether we can continue with the ESI registration of previous company and continue remitting the ESI contributions with the existing code or we have to register separately for the new company. Is it possible to register all the branches and obtain subcode at one stretch.
Kindly guide me. Your help is needed urgently.
Regards
erv