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  • Workmen dues under the Employees Provident Fund Act and the Insolvency Code  

    Workmen dues under the Employees Provident Fund Act and the Insolvency Code  

    Section 53 of the Insolvency and Bankruptcy Code, 2016 (“IBC”) provides for the order of priority in which the proceeds from the sale of liquidation assets is to be distributed. The Section includes workmen due and the amounts payable to

    Sharda Balaji
    By Sharda Balaji over 3 years ago
  • REGULATORY UPDATE: MINISTRY OF LABOUR AND EMPLOYMENT-PAYMENT OF GRATUITY (AMENDMENT) BILL, 2017.

    REGULATORY UPDATE: MINISTRY OF LABOUR AND EMPLOYMENT-PAYMENT OF GRATUITY (AMENDMENT) BILL, 2017.

    The Ministry of Labour and Employment vide its notification dated 18th December proposes to amend certain provisions of the Payment Gratuity Act, 1972. The bill has been introduced in the Lok Sabha. Highlights: Removal of the maximum amount of gratuity

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