Dear Seniors,
Please give your kind suggestions for ESIC & PF wind-up formalities. I am working in a mining company in Rajasthan. One of our units has been closed for about 4 years. We had someone taking care of the property up to this April. Now, we want to close both the ESIC and PF codes (separate codes for the said unit) and do not want to continue with the compliance requirements.
Please help me and provide detailed advice for the same.
Thanks
From India, Ghaziabad
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1Please give your kind suggestions for ESIC & PF wind-up formalities. I am working in a mining company in Rajasthan. One of our units has been closed for about 4 years. We had someone taking care of the property up to this April. Now, we want to close both the ESIC and PF codes (separate codes for the said unit) and do not want to continue with the compliance requirements.
Please help me and provide detailed advice for the same.
Thanks
From India, Ghaziabad
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As far as ESI Code no. is concerned, you can approach the concerned Regional office along with all documentary evidence of your closure of the unit, such as surrendering of license, electricity connection, and closure intimation to the different departments (Inspector of Factories, etc.).
Please approach the Regional Office with up-to-date compliance particulars and request them to order the concerned SSO to conduct the closure inspection of your unit to confirm the closure.
Hope this will solve your problem. Thank you.
From India, Hyderabad
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Please approach the Regional Office with up-to-date compliance particulars and request them to order the concerned SSO to conduct the closure inspection of your unit to confirm the closure.
Hope this will solve your problem. Thank you.
From India, Hyderabad
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Dear VSP gaaru,
What you said is okay in the case of a manufacturing unit. What are the steps to be taken if the unit is a non-manufacturing unit, especially if it is operating in rented premises?
ESI authorities mention that closure of a bank account or vacation of the premises cannot be considered primary evidence as a bank account can be closed and opened elsewhere, and premises can be vacated and opened elsewhere. Even if the inspector provides a closure report to the ESI regional office, the concerned officer tends to keep the file pending without official communication on the acceptance of the closure report. What are your suggestions to address this issue, and do you have any comments?
Regards, RAmesh
From India, Madras
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What you said is okay in the case of a manufacturing unit. What are the steps to be taken if the unit is a non-manufacturing unit, especially if it is operating in rented premises?
ESI authorities mention that closure of a bank account or vacation of the premises cannot be considered primary evidence as a bank account can be closed and opened elsewhere, and premises can be vacated and opened elsewhere. Even if the inspector provides a closure report to the ESI regional office, the concerned officer tends to keep the file pending without official communication on the acceptance of the closure report. What are your suggestions to address this issue, and do you have any comments?
Regards, RAmesh
From India, Madras
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Dear Rajesh,
Surrendering PF code or ESI registration is similar to obtaining code or registration. You have to approach the concerned commissioner, submit an application, and follow the procedure.
However, as you mentioned your 'one of the unit' has closed, or the entire organization? I'm not sure if your organization has obtained separate codes/registrations for each unit. Is that the case?
Think before you act.
Best,
Prashant
From India, Bhopal
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Surrendering PF code or ESI registration is similar to obtaining code or registration. You have to approach the concerned commissioner, submit an application, and follow the procedure.
However, as you mentioned your 'one of the unit' has closed, or the entire organization? I'm not sure if your organization has obtained separate codes/registrations for each unit. Is that the case?
Think before you act.
Best,
Prashant
From India, Bhopal
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Dear All, Please advise me If the Unit was closed on 2002 and the company do not have any relevant documents to show then how will I close this ESIC Code. Zulfi
From India, Calcutta
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From India, Calcutta
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Dear Ramesh,
In the case of a company/firm, the following documents may be evidence for the closure of your ESI code No:
01. Proof of Sale of your machinery;
02. Full & final Settlement of workers along with evidence, such as the acquittance of all the discharged employees towards full and final settlement;
03. Electricity Connection surrender;
04. Return of I.T. dept. until the date of closure;
05. Return of Sales Tax Department;
06. Telephone connection surrender;
07. Closing of Bank Account;
08. In the case of a Partnership firm, Dissolution Deed;
09. In the case of a Joint Stock Company, intimation to the Registrar of Companies;
10. Surrender of Trading License;
11. Dissolution of rental deed.
Hope this is enough to solve the problem.
From India, Hyderabad
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In the case of a company/firm, the following documents may be evidence for the closure of your ESI code No:
01. Proof of Sale of your machinery;
02. Full & final Settlement of workers along with evidence, such as the acquittance of all the discharged employees towards full and final settlement;
03. Electricity Connection surrender;
04. Return of I.T. dept. until the date of closure;
05. Return of Sales Tax Department;
06. Telephone connection surrender;
07. Closing of Bank Account;
08. In the case of a Partnership firm, Dissolution Deed;
09. In the case of a Joint Stock Company, intimation to the Registrar of Companies;
10. Surrender of Trading License;
11. Dissolution of rental deed.
Hope this is enough to solve the problem.
From India, Hyderabad
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Can somebody provide me the draft letter for closure intimation to ESIC,IS the procedure is same for intimating under CL Act & S & E Act
From India, Chandigarh
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From India, Chandigarh
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Draft letter for closure intimation
1st you have send the letter to I.F / D.C.I.F with acknowledgment. then you have send the letter to ESI / PF Offices with the copy of above acknowledgment.
Pls update the bold capital letters.
DATE
To
The Asst Director ,
Sub Regional Office,
Employees’ State Insurance Corporation,
Address
Dear Sir,
Sub : Suspension of operation – UNIT NAME – Reg.
Ref : Our ESI CODE NO.
We would like to bring to your kind notice that our unit situated at the following address suspended its operation with effect from CLOSED DATE.
FULL ADDRESS OF THE UNIT
Hence there is no production activities is carried out in the unit. A Copy of the letter submitted to Deputy Chief Inspector of Factories, is enclosed herewith for your kind perusal and records.
Thanking you,
Yours truly,
Encl : a/a.
C C to : ESI Local office,
Regards
Suresh Babu
98 94 18 04 76
From India, Madras
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1st you have send the letter to I.F / D.C.I.F with acknowledgment. then you have send the letter to ESI / PF Offices with the copy of above acknowledgment.
Pls update the bold capital letters.
DATE
To
The Asst Director ,
Sub Regional Office,
Employees’ State Insurance Corporation,
Address
Dear Sir,
Sub : Suspension of operation – UNIT NAME – Reg.
Ref : Our ESI CODE NO.
We would like to bring to your kind notice that our unit situated at the following address suspended its operation with effect from CLOSED DATE.
FULL ADDRESS OF THE UNIT
Hence there is no production activities is carried out in the unit. A Copy of the letter submitted to Deputy Chief Inspector of Factories, is enclosed herewith for your kind perusal and records.
Thanking you,
Yours truly,
Encl : a/a.
C C to : ESI Local office,
Regards
Suresh Babu
98 94 18 04 76
From India, Madras
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plz send covering letter deed of dissolution of partnership firm for epf & esic d department .it very urgent for submit
From India, New Delhi
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From India, New Delhi
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Dear all,
We have a manufacturing unit in Chennai since 2010, and our Chairman wants to sell the unit to a third party. Currently, we have 250 employees in our unit, out of which 50 employees are part of the CITU union. We are looking for guidance on the full and final settlement process as we aim to close our plant amicably. Please provide legal insights regarding their F & F settlement.
Thanks,
Vasu
Head HR & IR
From India, undefined
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We have a manufacturing unit in Chennai since 2010, and our Chairman wants to sell the unit to a third party. Currently, we have 250 employees in our unit, out of which 50 employees are part of the CITU union. We are looking for guidance on the full and final settlement process as we aim to close our plant amicably. Please provide legal insights regarding their F & F settlement.
Thanks,
Vasu
Head HR & IR
From India, undefined
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