Withdrawal of PF
Krishnamurthy Balasubramanyam
(Querist) 27 June 2011
This query is : Resolved
Dear Sirs, I was an employee of Subhiksha, the promoter of which had declared insolvency about 2 years back. I wanted to know is there any possibility of my PF amount withdrawal. Is there any legal way of recovering the amount?
Arul Kumar
(Expert) 27 June 2011
You can approach the concerned P.F. office and get withrawl form. The officials will guide you the rest. Insolvency of your employer does not affect the statutory payment due to you.
R.Ramachandran
(Expert) 28 June 2011
Mr. Arun Kumar is right. But this is subject to the condition whether your employer deposited the amount with the PF authorities or not. If he had not deposited, then the PF authorities cannot also pay you.
Nagesh Rudrakanthwar
(Expert) 29 June 2011
Dear Friends
From Now onwards we can get our PF Settlement credited in our account within 30 working days
This news was published in Financial Chronicle e news paper, for which I am giving the link below
http://e.mydigitalfc.com/PUBLICATIONS/DCF/DCF/2011/06/23/ArticleHtmls/Get-your-PF-settlement-in-ac-within-just-23062011003026.shtml?Mode=1
