2000 - 01 - Epfo

departmental action. The arrears falling under un-realisable category could not be recovered
over the years due to various reasons, such as, its recovery being
• Disputed in courts,
• Factories having gone into liquidation,
• Recovery barred by the Acts of Central/State Governments,
• Factories declared sick by the Board of Industrial & Financial Reconstruction or;
• Factories in respect of which Rehabilitation Scheme had been sanctioned by the
BIFR.
Un-realisable amount accounts for 76.79% of the arrears demand. The field offices are
monitoring the recovery of instalment regularly. Break-up indicating the reason and category for
default falling in un-realisable category is given in Table: 12
! I I Total - Balance
TABLE: 12 Realisable Un-realisable as on
31.03.2001 .-
Un-exempted Sector (Rs. Lakhs) 17787.16 58863.84 76651.00
Amount
Status of Un-realisable
S.No No. of Cases Involved % of Total
Arrears
(Rs. in Lakhsl
a) Stay by Courts 2342 24820.28 42.17
b) Registered under BIFR 1062 13951.22 23.70
c) Under Liquidation 587 4723.78 8.02
d) Others 3998 15368.56 26.11
Total 7989 58863.84 100.00
List of Un-exempted establishments, which were In default of Provident Fund dues of
Rs.10 lakh and above, as on 31st March 2001, is given at Appendix A-3.
OTHER ARREARS
In the above arrears, an arnount of Rs. 2885.02 lakhs on account of administration and
inspection charges and Rs. 9632.84 lakhs on account of penal damages were in arrears at the
end of the year.
I
I
ACTION TAKEN TO ARREST THE ARREARS
Following actions were taken by the organisation for recovery of dues against the defaulting
establishments: -
(i) Action under Section 7A of the Act.
(ii) Recovery action under Section 8 of the Act.
(iii) Action under Section 14B for levy of Damages for belated remittances.
(iv) Prosecution cases under Section 14 of the Act.
(v) Prosecution cases under Section 406/409 of the IPC launched with the Police.
(vi) Action under Section 110 Cr. P.C for filing applications before Executive Magistrate
against persistent defaulters to execute bond for rendering good behavior.
(vii) Penal Interest under Section 7Q of the Act.
[IJ Action taken under Section 7A of the Act
The dues were determined in terms of provisions contained in Section 7A of the Act by
the Assessing Officers. The status of initiation and disposal of assessment cases is given in
Table: 13 (A) & (8)
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