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What is the procedure for ESI Closing - company clousure? - CiteHR

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smadhubalan@gmail.com
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Hi all, My company getting closure. kindly explain me what is the procedure for ESI Closing.?
From India, Chennai
Srinath Sai Ram
606

Please submit Letter in writing intimating Date of Closure to all statutory Authorities.Pay all pending Contributions
From India, New Delhi
SGMC
58

You have to intimate the closure to ESI and other statutory Authorities.
If yours is a Company Registered under the Companies Act you have to complete the winding up formalities under the Act.
In case of closure/winding up you have to get No Due Certificate from the ESI authority as well as from the PF authority.
The ESI & PF authorities conduct Inspection in such cases which is mandatory requirement under the present Inspection Policy and will initiate proceedings to ascertain any due is payable. Thereafter they issue No Due Certificate .
P S Lakshmanan

From India, Kolkata
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