Insurance court cuts fine imposed on hotel chain
The Hindu
The Employees Insurance Court has reduced by 75% the damages imposed on Vasantha Bhavan Hotels India (P) Limited by the Employees State Insurance Corporation (ESIC).In its petition, Vasantha Bhavan so
The Employees Insurance Court has reduced by 75% the damages imposed on Vasantha Bhavan Hotels India (P) Limited by the Employees State Insurance Corporation (ESIC).
In its petition, Vasantha Bhavan sought to set aside the notice issued by ESIC, claiming damages of ₹13,29,854 for delay in making contribution for the period from July 2013 to October 2014.
The firm will now have to pay ₹3,32,465.
As speculation over the continuation of Minister for Scheduled Tribes Welfare B. Nagendra in the Cabinet persisted, with the demand for his resignation raised by the BJP in connection with the ₹94 crore scam at the Maharshi Valmiki Scheduled Tribes Development Corporation, his Cabinet colleagues came to his defence on Thursday.