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How long must one wait for provident fund payout if company went under liquidation?
Wiki User
∙ 10y ago
Usually 4 to 6 weeks if the PF is maintained with the regional PF Trust. If it is a private trust, then it might take longer
Wiki User
∙ 10y ago
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What is a liquidation notice?
If this question has been asked in relation to the Indian laws than a liquidation notice means in orders issued under the Indian companies act 1956 seeking the liquidation of the company on account ofseveral reasons including Default in payment by the company. did notice is for a period of 21 days and if the company fails to show cause or make payment, then the issuer of the notice can seek liquidation of the company.
Methods of liquidation of companies?
under US law, the company can apply liqudation under two sec., sec7 & sec11
What record company is Casting Crowns with?
Casting Crowns is part of Beach Street Records under Reunion Records which is a division of Provident Label Group; and Provident is owned by Sony-BMG (one of the world's media giants).
Can a company registered under companies act exist without contributing to Provident Fund of its employees?
If it employs less than 20 people - yes. Otherwise No
Distinguish between internal and external reconstruction of?
Internal Reconstruction: 1. No new company is formed. The existing company continues as a going concern; 2. The ailing company will not gove ito liquidation under the capital reduction scheme and 3. Involves complying the requirements under the Companies Act. External Reconstruction:- 1. A new company is formed by the existing shareholder of the old company to take over the assets and liabilities; 2. The ailing company goes into liquidation and 3. There is no need to comply with particular clause in the Companies Act. Anonymous regards Bhimireddy
What is the minimum required number of employees for under Employee's Provident Fund Act in India at present?
20 employees required for enrollment in provident fund scheme
When was the Employees Provident Fund Organization of India formed?
The Employees Provident Fund Organization of India is a statutory body of the Government of India under the Ministry of Labour and Employment. The organization is formed in 1952.
Is it necessary to work for ten years under same employer to have provident fund pen sion?
Yes.
Is the amount of Provident Fund invested by an employee will come under the 1 Lakh investment limit?
Yes.
How does your deductible work in home insurance?
The amount of a policy deductible on a homeowners insurance policy is chosen by the policyholder. Your policy deductible is the amount you are responsible for paying before the insurance company will payout for a claim. If you experience a loss to your dwelling or your personal property, your homeowners insurance policy deductible applies. The deductible does not apply to other coverages on the policy. If you experience a loss under your deductible, you will not be eligible for a payout. If your loss exceeds your deductible, your deductible will be deducted from your claims payout check.
Is private school employers are cumpolsury to register under employes provident fund?
If your school has more then 20 employees - Yes
What does company insolvency mean?
The company is a registered artificial person under the companies law. A company mainly consists of Capital, assets, and liabilities. When a company has more liability than its assets required to pay the standing liability then in that sort of situation company either has to declare itself bankrupt or hire professional insolvency experts to legally close down the company under the guidance of professional insolvency expert.
