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SATVEER (executive)     11 May 2020

Moratorium in esic in covid 19

Dear Sirs,

    Is there any provsion of waiving off esic for 3 months March, April, May as Morotorium in Covid 19 situation

for MSME, Please clearify the provisions

 2 Replies

P. Venu (Advocate)     12 May 2020

It is inherent that the public policy put in force to tackle the Covid -19 cannot entail any such moratorium.

G.L.N. Prasad (Retired employee.)     12 May 2020

The moratorium means no action during that period and not the abolition of obligations.  The statutory obligations can be postponed with written communication of such directives from the competent authority and those can not be assumed.   The contribution can be postponed in individual cases on representation, and can not be abolished for that period.

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