https://www.taxtmi.com/caselaws?id=159707 The enhancement of the Employees State Insurance wage ceiling was upheld, but the Court sustained prospective operation of the liability from the date of the High Court judgment because interim orders had prevented employers from deducting and remitting contributions while they themselves provided medical benefits and allowances. Requiring retrospective recovery for the intervening period would have caused grave hardship, served no practical purpose, and been impracticable as many employees had retired or left service. Applying equitable principles and the power to do complete justice, the Court held that the statutory liability need not be enforced for the past period in these peculiar facts. en-us Tue, 25 Jul 2006 00:00:00 +0530 Wed, 11 Jun 2014 21:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159707 The enhancement of the Employees State Insurance wage ceiling was upheld, but the Court sustained prospective operation of the liability from the date of the High Court judgment because interim orders had prevented employers from deducting and remitting contributions while they themselves provided medical benefits and allowances. Requiring retrospective recovery for the intervening period would have caused grave hardship, served no practical purpose, and been impracticable as many employees had retired or left service. Applying equitable principles and the power to do complete justice, the Court held that the statutory liability need not be enforced for the past period in these peculiar facts. Case-Laws Companies Law Tue, 25 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159707