Section 17B of EPFMA : Section 17B: Liability In Case Of Transfer Of Establishment
EPFMA
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Explanation using Example
Imagine a scenario where Mr. A owns a textile manufacturing unit, which is covered under the Employees Provident Funds and Miscellaneous Provisions Act, 1952. Mr. A decides to retire and sells his business to Mr. B. According to Section 17B of the Act, both Mr. A (the transferor) and Mr. B (the transferee) are re...
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