This depends upon the re-employment policy of the company. If such policy exists, then you need to induct the previous employee of the company, afresh. You have to fulfil all joining formalities with him, as if a new employee only. Even his ID No also will have to be changed. Only his PF UAN No and ESI IP No (if he fall under PF/ESI) can be used /re-used. All other identifications shall have to be changed.