ManishTanwar
Dear Sir, Our Company registered under EPF act. All employees are covered under EPF Act. Now we are registering a new company and transfer our 5 employees in new company.
Query :
1. We have to register our New company under EPF Act. or not
2. Once a member always a member under EPF Act.
We want a proof of above said condition : circular or Scan of Rule book
Please help us to solve it.
Thanks
Manish Tanwar

From India, Noida
Prashant B Ingawale
467

If new company having different directors then pf will be applicable as per coverage limit of of act
From India, Pune
ManishTanwar
New company have same Directors : Then ?
From India, Noida
Madhu.T.K
4249

If your Directors are the Directors of the new company also the EPFO will combine the two establishments for coverage. This is so even if you have separate registration certificate from the Factories or Shops authorities. In such scenario, your new company will also become covered by PF. When there is a transfer from one company to the other one, the financial integrality is easily proved.
A member once covered will continue to be covered under PF. Please quote scheme 26A of the Employees provident Fund Scheme, 1952

From India, Kannur
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