A company in India secured Provident Fund registration for its employees. However, all employees have left the firm, and the company wants to surrender the registration. Can the company cancel or de-register the Provident Fund registration since there are no employees working there?

Apni Law
Apni Law
Law Forum › Category: Corporate › A company in India secured Provident Fund registration for its employees. However, all employees have left the firm, and the company wants to surrender the registration. Can the company cancel or de-register the Provident Fund registration since there are no employees working there?
Vote Up
433
Vote Down
Apni Law Staff asked 3 years ago

A company in India secured Provident Fund registration for its employees. However, all employees have left the firm, and the company wants to surrender the registration. Can the company cancel or de-register the Provident Fund registration since there are no employees working there?

1 Answers
Vote Up
40
Vote Down

Best Answer

Apni Law Staff answered 3 years ago

Yes, a company in India can surrender its Provident Fund registration if all employees have left. The company must follow the process outlined by the Employees’ Provident Fund Organisation (EPFO), including submitting a written application and settling all outstanding dues.

You Might Also Like

What are the essential steps to initiate a company closure process in India?

Hey team, We launched our private limited company with four of us just half a year ago. Unfortunately, things haven’t gone smoothly and one of our partners wants to leave due to a conflict of interest. The problem is, he took the company’s source code with him, leaving us stuck. What’s the best way to move forward in this situation?

I started working at a private company three months ago and signed a one-year bond with a Rs. 60,000 penalty for leaving early. I haven’t been going to work for the past two weeks because I want to quit. Now, HR sent me a notice saying I have to either return to work or pay the penalty within three days. I’ve only earned Rs. 25,000 so far and haven’t received any substantial training. What are my legal options? This is urgent!

My LLP was set up in October 2013, but I haven’t done any business with it since then. I haven’t filed annual returns. What penalties might I face? Is there any way to avoid them?

My family owns a share certificate from Miracle Farms Pvt Ltd. They were supposed to pay us ₹9 lakhs next year, but the company seems to have disappeared! I can’t find them online, and it says they are being struck off. Is there any chance we can get our money, or should we just accept the loss?

Share This Article
Previous Article A group of 12 to 18 people barged into my home around 10 pm, firing shots in the air. I reported this to the police station, as they were carrying illegal weapons. Now, they’re threatening to file a false case against me. How can I protect myself from this, and what do sections 143, 523, and 3/27 of the Indian Penal Code cover? I need advice urgently.
Next Article My second marriage, after my first wife passed away, is facing challenges. My current wife has filed for maintenance, seeking a hefty sum of ₹75,000 per month. This is her second marriage as well, and she received ₹13 lakhs in alimony from her previous husband. Her petition states she earns a small amount, ₹3,000 per month, from her father’s school. However, she has also assaulted my mother, leading to charges filed against her. She has also locked me out of my classes, which were my primary source of income. I earned over ₹5 lakhs before these issues arose two years ago, but now earn a mere ₹10,000 per month due to the damage caused. We have a one-year-old daughter together. I’m seeking guidance to minimize or avoid the maintenance payment.

Follow US

Find US on Social Medias
Popular News
- Advertisement -
- Advertisement -
Ad imageAd image

📢 Stay Connected!

Join our community on Telegram and WhatsApp for instant updates, news, and exclusive offers.