Dear Sir/Madam,
I worked in a public limited company (Private Ltd), SEBI's order business was banned, and SEBI recovered Rs. 1140 crore worth of assets from the company for repayment to the public. In the company's head office, all staff members left one by one without any intimation to branches. Only 3 staff members are currently working, and they do not respond to any queries. The company has branches across India. The Chairman of the company is remanded by another state for the same case.
The HR department provided EPF numbers after several requests. However, upon further investigation, it was discovered that EPF contributions were deducted from the salary but not deposited in EPFO for 24 months. Additionally, the KYC details were not updated in my EPF status. There are also 11 months of pending salary for me (some staff members have 2 years of pending salary).
When I inquired at the nearest EPF office, they mentioned that the company's HR should update the KYC and activate the UAN/EPF account for money withdrawal or transfer to a new company from the EPF account. EPFO cannot intervene in this matter.
I seek guidance on how to recover the EPF, pending salary, and gratuity amount from the company, as more than 30 staff members are in the same situation.
Kindly advise us.
Thanks & Regards,
S. Satheesh
From India
I worked in a public limited company (Private Ltd), SEBI's order business was banned, and SEBI recovered Rs. 1140 crore worth of assets from the company for repayment to the public. In the company's head office, all staff members left one by one without any intimation to branches. Only 3 staff members are currently working, and they do not respond to any queries. The company has branches across India. The Chairman of the company is remanded by another state for the same case.
The HR department provided EPF numbers after several requests. However, upon further investigation, it was discovered that EPF contributions were deducted from the salary but not deposited in EPFO for 24 months. Additionally, the KYC details were not updated in my EPF status. There are also 11 months of pending salary for me (some staff members have 2 years of pending salary).
When I inquired at the nearest EPF office, they mentioned that the company's HR should update the KYC and activate the UAN/EPF account for money withdrawal or transfer to a new company from the EPF account. EPFO cannot intervene in this matter.
I seek guidance on how to recover the EPF, pending salary, and gratuity amount from the company, as more than 30 staff members are in the same situation.
Kindly advise us.
Thanks & Regards,
S. Satheesh
From India
Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.