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Bombay High Court Allows ESI Corporation's Appeal, Holds ESI Court Cannot Waive Statutory Interest Under Regulation 31A of ESI (General) Regulations, 1950. The ESI Court's order waiving interest on delayed contributions was set aside as the interest is mandatory and not discretionary.

The Regional Director of the Employees' State Insurance Corporation (ESIC) appealed against an order of the ESI Court which, while disposing of an app...