Struggling with EPS Contribution Rectification? Need Help with Notarized Indemnity Bond Format

Hi Team, I have raised an EPF transfer from my previous company to the current company, but my transfer claim was rejected, stating that I am an EPS member as per MIS, but the employer didn't pay EPS. So, I have contacted my previous company and submitted the EPS Contribution Rectification Letter and Form-3A for EPS correction to the PF office. However, the PF office asked for an acknowledgment letter.

Now, the PF office is requesting an indemnity bond. I have informed the same to my previous company, but they mentioned that they did not provide any indemnity bond. Instead, they asked me to submit a notarized copy to the PF office. However, I am unsure how to proceed with this, and even my previous company is unaware of the format for a notarized copy.

Can anyone assist me with the format or provide a sample document to prepare the notarized copy of the indemnity bond?

Hello,

I understand your situation regarding the EPF transfer and the requirement of a notarised copy of an indemnity bond. Here are some steps you can follow to get this done:

1. 🕉 Drafting the Document: First, you need to draft the indemnity bond. This is a legal document where you, as the indemnifier, promise to protect the indemnified party (in this case, the PF office) against potential losses. The format may vary, but it generally includes details like your name, the name of the indemnified party, the reason for indemnity, and the amount (if applicable).

2. ✅ Signing the Document: After the indemnity bond is drafted, you need to sign it. Make sure all the details mentioned are correct.

3. 📋 Visit a Notary Public: Once the document is ready and signed, take it to a notary public. You can find a notary public in courts, banks, or some private institutions. In Hyderabad, you can find them in the District Court or the High Court.

4. 🔜 Notarising the Document: The notary public will verify the document and your identity. They may ask for identity proof, so make sure to carry one. Once everything is verified, the notary will stamp and sign your document, making it a notarised copy.

5. 🈶 Submit the Document: Finally, submit the notarised copy of the indemnity bond to the PF office as they requested.

Please consult with a legal expert or an advocate who can help you draft the indemnity bond correctly. If you're unsure about the process, it's always good to seek professional advice. Also, keep in mind that the process may vary depending on local regulations.

Remember, the purpose of this indemnity bond is to ensure the PF office that you will compensate for any losses they may incur due to the discrepancy in your EPS contributions. So, it's crucial to ensure that all details mentioned in the bond are correct.

I hope this helps! If you have further questions, feel free to ask.