Surrender of epf certificate

CA Sahi Singla (Querist) 19 May 2013 This query is : Resolved
Sir

My Client is a factory registered under Factory act from last 5 years & regularly paying EPF on Wages. But now, since no. of workers are less than 20, can it surrender the EPF License ? Bcoz the no. will remain less than 20 in future. Is there any special provision to surrender the license ?

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Raj Kumar Makkad (Expert) 19 May 2013
There is no such provision under EPF & MP Act, 1952 as you desire rather law is opposite.

Once the scheme started, it cannot be stopped on decrease of members rather shall be stopped only on the closure of the establishment with prior intimation thereto.

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