Company Closure: How Do I Navigate the ESI Closing Process?

Hi all,

My company is closing down. Could you kindly explain to me what the procedure is for closing ESI?

Please submit a letter in writing intimating the date of closure to all statutory authorities. Pay all pending contributions.

Closure Procedures for ESI and Other Statutory Authorities

You have to intimate the closure to ESI and other statutory authorities. If yours is a company registered under the Companies Act, you have to complete the winding-up formalities under the Act.

Obtaining a No Due Certificate

In case of closure/winding up, you have to get a No Due Certificate from the ESI authority as well as from the PF authority. The ESI & PF authorities conduct inspections in such cases, which is a mandatory requirement under the present Inspection Policy, and will initiate proceedings to ascertain any dues payable. Thereafter, they issue a No Due Certificate.

Regards, P. S. Lakshmanan