orders by courts have blocked R1,022.42 crore of arrears while liquidation of companies resulted in PF dues of R244.26 crore.
As on March 31, 2011, of the 148 cases in the Supreme Court, only 23 were decided. The pendency in high courts stood at 8,933 while the number was even greater for district courts at 16,262.
The interest payment due to EPFO for late remittances by companies, as mandated under Section 7Q of EPFO Act, amounted to R303.23 crore in 2010-11.
In contrast to the huge arrears, EPFO recovered R219.79 crore by attachment and sale of properties of defaulting establishments.