Dear forum members,
I have a query, kindly clarify please. Our company entered into a long-term settlement. The workmen raised a dispute before the court claiming some arrears. The court ordered to pay Rs 400/- per month from the date of settlement.
After the court order, if the company pays the arrears, can the PF authorities demand late payment penalties, damages, and interest from the date of settlement on the arrears paid or not?
Thanks in advance.
From India, Chennai
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I have a query, kindly clarify please. Our company entered into a long-term settlement. The workmen raised a dispute before the court claiming some arrears. The court ordered to pay Rs 400/- per month from the date of settlement.
After the court order, if the company pays the arrears, can the PF authorities demand late payment penalties, damages, and interest from the date of settlement on the arrears paid or not?
Thanks in advance.
From India, Chennai
Acknowledge(0)Amend(0)
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PF Wages-Court decision - Wage for Contribution.pd f