Dear forum members, I have a query, kindly clarify please.
Our company entered into a long term settlement. the workmen raised dispute before the court claiming some arrears. the court passed ordered to pay Rs 400/- per month from the date of settlement.
After court order if company pays the arrears, whether the PF authorities can demand late payment penalty and damages & interest from the date settlement on the arrears paid or not?
Thanks in advance
From India, Chennai
Our company entered into a long term settlement. the workmen raised dispute before the court claiming some arrears. the court passed ordered to pay Rs 400/- per month from the date of settlement.
After court order if company pays the arrears, whether the PF authorities can demand late payment penalty and damages & interest from the date settlement on the arrears paid or not?
Thanks in advance
From India, Chennai
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PF Wages-Court decision - Wage for Contribution.pd f