Dear all,
I am working for a MD who has three companies on his name and having 80 employees all together. The address of all the companies are same and operating from one premises. There are no distribution of employees on these companies. Company takes contract of pest control in different parts of India. The situation are as under :-
(A) Proprietorship company - registered under shop & estb act around 1996 - No business on it - No bank account - No balance sheet - but PF is paying for 20 employees
(B) Partnership company (self & wife) - registered under shop & estb act on 01 Apr 2005 - all contract business on this - paying ESI for 22 employees
(C) Pvt Ltd company (self & wife) - registered under company act on 20 Oct 2014 - No business on it - No employees shown in this company
Please guide me on- (1) Is there any problem to pay PF from proprietorship co. having no business, no bank account etc.?
(2) Should we shift the PF employee to partnership company?
(3) How many employees we should show in Pvt Ltd company so that there will no any statutory compliance problems? How to distribute these 80 employees on these two companies (B) & (C)?
(4) PT has not paid for partner since registration of partnership company. She is also Director in Pvt Ltd company. How much PT should we paid now?
(5) How many employees should we shown in workman compensation?
Thanks & Regards
K S Patwal
patwal_ks@rediffmail.com
I am working for a MD who has three companies on his name and having 80 employees all together. The address of all the companies are same and operating from one premises. There are no distribution of employees on these companies. Company takes contract of pest control in different parts of India. The situation are as under :-
(A) Proprietorship company - registered under shop & estb act around 1996 - No business on it - No bank account - No balance sheet - but PF is paying for 20 employees
(B) Partnership company (self & wife) - registered under shop & estb act on 01 Apr 2005 - all contract business on this - paying ESI for 22 employees
(C) Pvt Ltd company (self & wife) - registered under company act on 20 Oct 2014 - No business on it - No employees shown in this company
Please guide me on- (1) Is there any problem to pay PF from proprietorship co. having no business, no bank account etc.?
(2) Should we shift the PF employee to partnership company?
(3) How many employees we should show in Pvt Ltd company so that there will no any statutory compliance problems? How to distribute these 80 employees on these two companies (B) & (C)?
(4) PT has not paid for partner since registration of partnership company. She is also Director in Pvt Ltd company. How much PT should we paid now?
(5) How many employees should we shown in workman compensation?
Thanks & Regards
K S Patwal
patwal_ks@rediffmail.com