Is Delayed Cheque Realization Causing PF & ESI Default and Penalties? Seeking Legal Insights

Hi,

Seeking your suggestion on whether the following condition attracts default in PF & ESI contribution and is liable for fine payment.

a) Submitting challans in the Bank on the 15th and 21st through cheque, with the realization of the cheque at a later date by the bank, resulting in a delay in payment.

Requesting your opinion with the legal provisions laid out under the act.

Tapan

Hi,

I am seeking your suggestion on whether the following condition attracts default in PF & ESI contributions and is liable for fine payment.

a) Submitting challans in the bank on the 15th and 21st through cheques, with the realization of the cheques happening at a later date by the bank, resulting in a delay in payment.

I request your opinion with the legal provisions laid under the act.

Tapan