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Period During Which The Interest Is Payable U/Sec 39(5)(a) ESI Act Cannot Be Reduced : Supreme Court
Ashok KM
23 Nov 2022 1:00 PM IST
The Supreme Court observed that ESI Court has no authority to restrict the period during which the interest is payable under Section 39( 5)(a) of Employees State Insurance Act, 1948Section 39( 5)(a) provides that if any contribution payable under this Act is not paid by the principal employer on the date on which such contribution has become due, he shall be liable to pay simple interest at...
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