Provident fund is a service and contributor a consumer
The Supreme Court had to consider and decide in the Regional Provident Fund Commissioner vs Shivkumar Joshi 1999 AIR SCW 4456 whether provisions of Consumer Protection Act could be invoked against the PF Commissioner by a member of the Employees PF Scheme?
Other amendments in short companies bill
It has been provided that a company seeking to change the place of its registered office from one place to another within the state can make a change only if it is confirmed by the regional director.
Uncertain scenario
The official index of industrial production shows a break in industrial recovery: the year-on-year growth of industrial production slowed to 3.3% in November 1999, down from 8% plus in the previous two months.
Widely expected
The reduction in the rate of interest on public provident fund deposits as well as that on post office deposits was widely expected.