Exempted establishment compliance requires record-keeping, scheme conditions, and fresh exemption application after structural change. Exempted establishments must maintain prescribed records for exempted employees and submit returns and other information to the Corporation. If the establishment's legal status changes through merger, demerger, acquisition, sale, amalgamation, or conversion into a subsidiary, the exemption is deemed cancelled and a fresh application must be made. After exemption is granted, the establishment and/or employer must comply with all terms and conditions under the relevant Provident Fund, Pension, or Insurance Scheme.
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Provisions expressly mentioned in the judgment/order text.
Exempted establishment compliance requires record-keeping, scheme conditions, and fresh exemption application after structural change.
Exempted establishments must maintain prescribed records for exempted employees and submit returns and other information to the Corporation. If the establishment's legal status changes through merger, demerger, acquisition, sale, amalgamation, or conversion into a subsidiary, the exemption is deemed cancelled and a fresh application must be made. After exemption is granted, the establishment and/or employer must comply with all terms and conditions under the relevant Provident Fund, Pension, or Insurance Scheme.
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