Payment of Employees’ Provident Fund Benefits upon Restructuring of Government Corporations and Statutory boards
ELIGIBILITY INSTANCES MEETING THE CRITERIA FOR CLAIM ELIGIBILITY Transfer of institutions to government ownership Conversion of a government-owned business undertaking into a public company Restructuring of institution/ Nationalization Closure of Government Corporations and statutory boards In these circumstances, it is imperative for employees leaving their employment for the aforementioned reasons to obtain prior approval from…

