Damages for provident fund default: recovery applies to unpaid contributions, transfer failures, and scheme charges under prescribed rates. Damages are leviable and recoverable from an employer who defaults in paying contributions to the Fund, transferring accumulations required under the Code, or paying charges due under the scheme or related conditions. The Central Provident Fund Commissioner, or another authorised officer, may assess and recover damages at specified rates, subject to the limit that the amount recovered cannot exceed the arrears. The same damages framework also applies to defaults covered by paragraph 32-A of the Employees' Provident Funds Scheme, 1952.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Damages for provident fund default: recovery applies to unpaid contributions, transfer failures, and scheme charges under prescribed rates.
Damages are leviable and recoverable from an employer who defaults in paying contributions to the Fund, transferring accumulations required under the Code, or paying charges due under the scheme or related conditions. The Central Provident Fund Commissioner, or another authorised officer, may assess and recover damages at specified rates, subject to the limit that the amount recovered cannot exceed the arrears. The same damages framework also applies to defaults covered by paragraph 32-A of the Employees' Provident Funds Scheme, 1952.
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