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What Will Happen To PF Account When Current Company Is Aquired By Some Other Company - CiteHR

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sp_sonu
I joined a company X in Jul 2012 and this company is already acquired by company Y. Company Y will complete the acquiring process in Sep 2012 itself. So what will happen to my PF account which was opened in Jul, also i had applied for old PF transfer to the account opened by Company X
From India, Bangalore
jeevarathnam
604

Hi In that case even the existing PF will be changed to new company name and account numbers will remain same.
From India, Bangalore
sp_sonu
Oh Thanks Mr Jeevrathnam, i was confused about this :) if the account number remains same then no issue for me coz old PF will get transfer to the account number & not to the name of the company....
One more doubt is that i have an account number KN/BN/25437/1590 i can not see the balance for this PF account i am getting as "Invalid Member_id / Data not updated against this BG/BNG/0025437/000/0001590" any guess why so ?

From India, Bangalore
jeevarathnam
604

earlier there was old Coding system & now its getting online system it is not an issue at all
From India, Bangalore
msureshkumarmba2010
6

Dear Sir,
In case your PF Number is correct but Portal shown at Invalid Number means in your previous Organization does not submit Annual Return for the year of 2011-12.
Then only this type of problem will come.
so check your previous company they submitted the annual return amount will be updated and balance will be send to your mobile number and mail id.
Best Regards
M Suresh Kumar

From India, Madras
mayuchavan
I have little different issue..
my company converted PVT LTD in March 2017 then they opened new member id in same UAN account. Now I have two member IDs.
so my question is - can I withdraw PF money from old member ID ?

From India, Pune
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