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Provident Fund & Esic

(Querist) 01 March 2011 This query is : Resolved 
Can somone please provide me the procedure for cancellation of provident fund & efp registration no. of a Company..It so happened that the registration number was taken but the company did not function for more than a period of 2 years.
Ajay Bansal (Expert) 01 March 2011
File a complaint before Company Law Board.
Asha Pole (Querist) 02 March 2011
Sir let me rephrase my question, i have a company wherein i have taken p.f registration number as an employer but since its incorporation I have not filed any returns or collected anything from the employee, so now can you advice me what would be d next step in order to cancel the registration number.
Guest (Expert) 02 March 2011
Not cancellation, but closure of account is possible with the satisfaction of the PF Commissioner. So, it will be better if you please approach the PF Commissioner to solve your problem.

A K CHANDOK (Expert) 02 March 2011
Dear Asha ji ,
In all cases where the Code no. has been alloted, the employer has to report compliance since date of coverage.It makes no difference if any amount was deducted or not but employer has to deposit both shares out of its own initially till the estt. is running. On closure/ during closure period, employer will have to pay minimum administrative charges i.e. 7/- pm till estt. /co surrenders all licenses, statutory numbers obtained etc etc.ie till finally closed.For further details pl contact.
Chandok-Retd. RPFC.
(M)09988021715 -e mail-chandokak@yahoo.co.in
RK Agrawal (Expert) 03 March 2011
Asha mam,
as your code number is alloted for the PF and ESIC, You have to contribute your contribution and for your employees contribution till the date your company is not closed after that when you are going to close your company you can close your pf and esic account by giving application to pf and esic office.


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