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    <title>1996 (10) TMI 499 - Supreme Court</title>
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    <description>The High Court held that the appellant was justified in levying damages on the respondents under Section 14-B of the Employees Provident Fund Act for delayed payments. The Court emphasized the statutory obligation of employers to promptly deposit contributions to the Fund and mandated penalties for delayed payments to ensure employee welfare benefits. The judgment underscores the significance of complying with statutory obligations and affirms the authority&#039;s power to impose damages on defaulting employers for non-compliance with the Act.</description>
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      <title>1996 (10) TMI 499 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=191769</link>
      <description>The High Court held that the appellant was justified in levying damages on the respondents under Section 14-B of the Employees Provident Fund Act for delayed payments. The Court emphasized the statutory obligation of employers to promptly deposit contributions to the Fund and mandated penalties for delayed payments to ensure employee welfare benefits. The judgment underscores the significance of complying with statutory obligations and affirms the authority&#039;s power to impose damages on defaulting employers for non-compliance with the Act.</description>
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