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Employees’ Provident Funds and Miscellaneous Provisions Act, 1952

March 4, 1952 3757 Views 0 comment Print

Short title, extent and application.- (1) This Act may be called the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. (2) It extends to the whole of India except the State of Jammu and Kashmir. (3) Subject to the provisions contained in section 16, it applies – (a) to every establishment which is a factory engaged in any industry specified in Schedule I and in which twenty or more persons are employed and

Violation of Section 42(6) of Companies Act: MCA imposes Penalty of Rs. 2 Crores

May 18, 0223 8151 Views 0 comment Print

MCA penalizes Excel Vehicles Pvt. Ltd. Rs. 2 crores for Section 42(6) breach. Detailed analysis of the violation, penalties, and compliance directives.

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