Bombay High Court Allows Multi State Co-operative Bank's Petition Against Provident Fund Coverage. The court held that the bank's own provident fund scheme, being more beneficial than the statutory scheme, exempts it from the Employees' Provident Funds and Miscellaneous Provisions Act, 1952.
15 Jul 2010The petitioner, The Ratnakar Bank Ltd., a Multi State Co-operative Bank, filed a Writ Petition seeking a declaration that it is not covered under the ...




