EPFO attaches property to recover outstanding remittances in Coimbatore

The Employees' Provident Fund Organisation (EPFO) has announced the attachment of a property belonging to a private firm in Coimbatore to recover outstanding remittances, according to a release issued by the organisation.
The firm had defaulted on remittances for the period between July 2021 and February 2023. Despite being given multiple opportunities, the employer failed to clear the dues.
As part of the recovery proceedings, the property located in Anupperpalayam was attached by the Recovery Officer through Enforcement Officer R. Velu, the release stated.
The property will be valued and put up for public auction. Proceeds from the sale will be used to recover the outstanding amount under the provisions of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952.

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EPFO attaches property to recover outstanding remittances in Coimbatore

The Employees' Provident Fund Organisation (EPFO) has announced the attachment of a property belonging to a private firm in Coimbatore to recover outstanding remittances, according to a release issued by the organisation. The firm had defaulted on remittances for the period between July 2021 and February 2023. Despite being given multiple opportunities, the employer failed to clear the dues. As part of the recovery proceedings, the property located in Anupperpalayam was attached by the Recovery Officer through Enforcement Officer R. Velu, the release stated. The property will be valued and put up for public auction. Proceeds from the sale will be used to recover the outstanding amount under the provisions of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952.

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