Bombay High Court Disposes of Writ Petition Challenging Arbitrary Damages Under Provident Fund Act; Directs Recalculation as per Clause 32A of the Scheme. Damages at Rates Up to 100% Per Annum Found Not Related to Delay; RPFC Directed to Redetermine Quantum After Hearing Consistent with Precedent.
12 Aug 2005The petitioner, M/s. Standard Meter Mfg. Company, an establishment covered under the Employees’ Provident Funds and Miscellaneous Provisions Act, 19...
