Supreme Court clarifies liability for Provident Fund dues between Holding and Subsidiary Companies: Regional Provident Fund Commissioner vs. ABS Spinning Orissa Ltd. (2008)

/ Civil Law, Dalveer Bhandari, Declaration, H.S. Bedi, Judges, Permanent Injunction, Punjab Land Reforms Act, 1972, Punjab Land Reforms Act, 1972 with Section 166

Date of the Judgment: October 1, 2008 Judges: Tarun Chatterjee, J., Aftab Alam, J. Can a holding company be held responsible for the Provident Fund dues of its subsidiary? The Supreme Court addressed this question in a case between the Regional Provident Fund Commissioner and ABS Spinning Orissa Ltd. The court clarified that a subsidiary […]

Supreme Court clarifies liability for Provident Fund dues between Holding and Subsidiary Companies: Regional Provident Fund Commissioner vs. ABS Spinning Orissa Ltd. (2008) Read Post »