LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Exempted PF Trust - non-payment of interest on PF

(Querist) 09 June 2011 This query is : Open 
My querry is as under :

i) Oriental bank of Commerce Emp. PF Trust is an exempted PF Trust.

ii) I resigned from the services of the OBC (Oriental Bank of Commerce)on 09/04/2005 and after completing 90 days notice period,stopped going to the Bank from 10/07/2005.

iii) The bank relieved me from the Bank's service, sending me letter dated 10/07/2007(after two years)stating that I am relieved from Bank's service with effect from 09/07/2005(with retrospective effect!!!)

iv) Bank sent me the PF cheque, which was actually the balance as of 31/03/2006.

v) They did not pay me the INTEREST (which amounts to Rs.1.10 lacs today) for the 17 months period from 01/04/2006 to 03/09/2007

vi) All my efforts to writing to the Bank even under RTI Act is not yielding positive result - they say that maximum they can pay is 3 months interest after my relieving date.

vii) When Bank took about two years to complete the formlities, how come just sending me letter dt. 10/07/2007 giving the date of relieving as 09/07/2005, can be considered as they are in order.

viii)officially, my date of relieving should be considred as the date of relieving letter(10/07/2007) and accordingly, interest should be paid till 10/07/2007 at least.
ix) I want to have the registration no. of OBC Employees PF Trust without which the EPF India is not accepting mt grievance.

kindly advise / help in following :

i) getting me the registration no. OBC Emp. PF Trust which is an exempted PF Trust.

ii) advise whom to approach for taking up my case for PF interest payment.

regards,

kirti sanghvi
Ahmedabad
09377191902


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :