Dear friends,
A company having 9 employees is a subsidiary company of another company on which PF is applicable. The registered office of both companies is at the same premises, and one director is a common director.
Is PF applicable to the subsidiary company as well? Is there any circular or notification to clarify this issue?
Thanks,
JKGUPTA
From India, Delhi
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A company having 9 employees is a subsidiary company of another company on which PF is applicable. The registered office of both companies is at the same premises, and one director is a common director.
Is PF applicable to the subsidiary company as well? Is there any circular or notification to clarify this issue?
Thanks,
JKGUPTA
From India, Delhi
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Dear,
In my view, a subsidiary company is an eyewash, and employees are doing common jobs for both companies. It is very difficult to judge the situation because we do not know the facts. If there is a total difference, no connection between employees and financial transactions, then it cannot be clubbed.
From India, Delhi
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174In my view, a subsidiary company is an eyewash, and employees are doing common jobs for both companies. It is very difficult to judge the situation because we do not know the facts. If there is a total difference, no connection between employees and financial transactions, then it cannot be clubbed.
From India, Delhi
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Thank you, Mr. Malik. The business of both companies is different, and the relationship between both is:
1. The Registered office is at the same premises.
2. One common director.
3. The company on which PF is applicable holds the majority stake in the company having 9 employees.
Please enlighten more.
Thanks,
jkgupta
[Link](http://www.jkgupta.com) to learn more about cs, pcs, company secretary, fcs, practicing company secretary, roc consultant, company law board consultant.
From India, Delhi
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1. The Registered office is at the same premises.
2. One common director.
3. The company on which PF is applicable holds the majority stake in the company having 9 employees.
Please enlighten more.
Thanks,
jkgupta
[Link](http://www.jkgupta.com) to learn more about cs, pcs, company secretary, fcs, practicing company secretary, roc consultant, company law board consultant.
From India, Delhi
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PF applicability.p df