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    ESIC Filing of Dormant Status

    Posted By : SHALU / Published on : 09-Dec-2023 12:42 PM / View : 350 / Comment : 2

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    Circular No. P-11/14/19/Misc/02/2022-Rev. II Dated 21/11/2022, the ESIC has provided that the new companies registered on or after 15.02.2020, shall comply with the provisions of the ESI Act, 1948 only when they reach the threshold limit of employment under the ESI Act. In case, the companies registered through the MCA portal are found not coverable as per the statutory provisions of the ESI Act, they are not required to do compliances for the next 6 months or till they reach the threshold ESIC coverage, whichever is earlier.

    Dormant Status: If the company does not reach the threshold in 6 months, it has to login on to the ESIC portal to further extend the “dormant” status. In case, it does not extend the same, the registration will get activated and the company has to start doing compliances under the ESI Act. In case, compliances are not done, actions under the existing provisions of the ESI Act may be taken against the defaulting units.

    Please share the Process how to do ?
    Read more on : status dormant filing esic

    • Company A and Company B would not consolidate the JV if it is set up as a jointly controlled company, usually as a jointly controlled operation or asset, and if they have equal authority over the financial and operational guidelines. Rather, the equity method would be utilized by each company to account for its investment in the joint venture. Buckshot Roulette

      01-02-2024 / 03:12:47 AM
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    • There should be a bob the robber warning in case you forget and leave it overdue. That will help users take timely action before errors occur.

      11-04-2024 / 06:45:52 AM
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