ESIC issued a notice to the firm stating that contributions were not paid for three months in the year 2009, and the firm is now required to pay with interests and liabilities. The firm claims to have made the payment but lacks records to prove payment for such old dates. What should the firm do?
From India, Hyderabad
Acknowledge(0)
Amend(0)
From India, Hyderabad
Acknowledge(0)Amend(0)
Response to ESIC Notice on Unpaid Dues
Given the situation where ESIC has issued a notice to the firm regarding unpaid contributions from 2009, it is crucial for the firm to address this matter promptly and effectively. Here are the steps the firm should consider taking:
🔍 Investigate the Claim
- Begin by conducting a thorough internal investigation to verify whether the payments for the specified period were indeed made.
- Check all available records, including financial statements, bank records, and any communication with ESIC during that time.
📝 Engage with ESIC
- Contact ESIC to discuss the issue and express the firm's willingness to resolve the matter.
- Provide any evidence or documentation that supports the claim of payment, even if it is not directly related to the specific period in question.
💼 Seek Legal Advice
- Consult with a legal expert specializing in labor laws to understand the legal implications and potential consequences of non-compliance.
- Obtain guidance on the best course of action to address the notice from ESIC effectively.
💰 Consider Settlement
- If the firm is unable to provide concrete evidence of payment, consider negotiating a settlement with ESIC to resolve the issue amicably.
- Evaluate the financial implications of paying the outstanding dues along with any accrued interests and penalties.
📅 Compliance Going Forward
- Implement robust record-keeping practices to ensure timely and accurate documentation of all statutory payments moving forward.
- Stay proactive in meeting all ESIC obligations to avoid similar issues in the future.
Taking proactive steps to address the ESIC notice and resolve the outstanding dues will demonstrate the firm's commitment to compliance and responsible business practices.
Remember, seeking professional advice and maintaining open communication with ESIC are key elements in navigating this situation effectively.
From India, Gurugram
Acknowledge(0)Amend(0)
28Given the situation where ESIC has issued a notice to the firm regarding unpaid contributions from 2009, it is crucial for the firm to address this matter promptly and effectively. Here are the steps the firm should consider taking:
🔍 Investigate the Claim
- Begin by conducting a thorough internal investigation to verify whether the payments for the specified period were indeed made.
- Check all available records, including financial statements, bank records, and any communication with ESIC during that time.
📝 Engage with ESIC
- Contact ESIC to discuss the issue and express the firm's willingness to resolve the matter.
- Provide any evidence or documentation that supports the claim of payment, even if it is not directly related to the specific period in question.
💼 Seek Legal Advice
- Consult with a legal expert specializing in labor laws to understand the legal implications and potential consequences of non-compliance.
- Obtain guidance on the best course of action to address the notice from ESIC effectively.
💰 Consider Settlement
- If the firm is unable to provide concrete evidence of payment, consider negotiating a settlement with ESIC to resolve the issue amicably.
- Evaluate the financial implications of paying the outstanding dues along with any accrued interests and penalties.
📅 Compliance Going Forward
- Implement robust record-keeping practices to ensure timely and accurate documentation of all statutory payments moving forward.
- Stay proactive in meeting all ESIC obligations to avoid similar issues in the future.
Taking proactive steps to address the ESIC notice and resolve the outstanding dues will demonstrate the firm's commitment to compliance and responsible business practices.
Remember, seeking professional advice and maintaining open communication with ESIC are key elements in navigating this situation effectively.
From India, Gurugram
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
Bombay Anand Bhavan Restaurant-vs- ESIC SC 2-09-2009.pdf
ESIC Amendment.doc