Pune: PF Department Files Case Against IT Company For Misappropriating Employees Contribution

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Pune, 16th November 2022: The Employees Provident Fund (PF) office, Pune, has registered a case against a private IT company and its directors after conducting an investigation which found that the company had misappropriated Rs 3.82 Crore of PF contributions of its employees.

 

A complaint was received from an employee of an IT firm by the name of Clover Infotech Private Limited to the effect that the company was not paying the PF of its employees.

 

 

A team conducted a search at the premises of the firm at Galaxy Society, Boat Club Road, Pune and investigated the basis of the documents seized. The investigation based on the records revealed that the said establishment misappropriated the PF dues of its employees to the tune of Rs 3,82,49,556.

 

A case under section 7A of the PF Act has been registered against the company and its directors. Further action for the prosecution of the directors is also underway.

 

PF Commissioner’s office is taking cognizance of complaints duly substantiated with evidence. Aggrieved employees may file a complaint with the Provident Fund Commissioner Office against the defaulting company/contractors, if not extending the benefits of PF Schemes.

 

Bank of Maharashtra Home Loan

 

 

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