jftLVªh la- Mh-,y-µ33002@99 Hkkjr ljdkj REGISTERED No. D.L.-33002/99 GOVERNMENT OF INDIA vlk/kj.k EXTRAORDINARY çkf/dkj ls çdkf'kr PUBLISHED BY AUTHORITY la- 22] fnYyh] c`gLifrokj] tuojh 19] 2017@ikS"k 29] 1938 ¹jk-jk-jk-{ks-fn- la- 321 No. 22] DELHI, THURSDAY, JANUARY 19, 2017/PAUSA 29, 1938 [N.C.T.D. No. 321 Hkkx—IV PART—IV jk"Vªh; jktèkkuh jkT; {ks=k fnYyh ljdkj GOVERNMENT OF THE NATIONAL CAPITAL TERRITORY OF DELHI Je foHkkx vf/klwpuk fnYyh] 17 tuojh] 2017 Øe la- % ,Q@29@17@bZih,Q¼,Dt+sEi&4686½@ySc@16@4110.—tcfd eS0 vkj-,p-lh- gkfsYMXa l izk- fy-] ubZ fnYyh ¼Mh,y@4686½ ¼ bld s vkx s LFkkiuk@ifzr"Bku d s :i e sa dgk tk;xs k ½ deZpkjh Hkfo"; fuf/k vkSj izdh.kZ mic/a k vf/fu;e 1952 ¼ 1952 dk 19½ dh /kkjk 17 d s [kMa 1 ¼ bld s vkx s vf/kfu;e d s :i e sa dgk tk;xs k ½] d s rgr NVw d s fy; s vkons u fd;k gSA tcfd dUs nzh; U;klh ckMs Z] depZ kjh HkfOk"; fuf/k dh mi lfefr }kjk fnukda 07-08-2014 dk s viuh cSBd e sa mDr LFkkiuk dk s [kMa 17 ¼1½ d s rgr NVw fn; s tku s dh flQkfj'k fnukda 19-9-2006 l s dh gSA tcfd fnYyh d s mijkT;iky dh jk; e sa fdlh Hkh LFkkiuk d s }kjk Hkfo"; fuf/k e sa ;kxs nku Hkfo"; fuf/k d s fu;e /kkjk 6 e sa fufn"ZV dh rqyuk e sa de ugh a gkxs k vkSj deZpkjh dk s mlh rjg dh fdlh vU; LFkkiuk e sa Hkh Hkfo";fuf/k d s lHkh ykHk Hkh ikrk jgxs k tk s dh mijkDs r /kkjk vFkok Hkfo";fuf/k ;kts uk] 1952 e sa fn; s x; s gS a ¼bld s vkx s dfFkr ;kts uk d s :i e sa dgk tk;xs k ½ vc blfy; s /kkjk 17 dh mi/kkjk ¼1½ }kjk iznr 'kfDr;k sa dk mi;kxs djr s gq, mDr vf/kfu;e] Je ea=ky;] Hkkjr ljdkj d s vf/kfu;e d s varxZr vf/klpw uk l[a ;k ih-,Q-&AA-11 ¼40½@59 fnukda 22-4-1960 mijkT;iky] fnYyh ,rn}kjk vuqyXu vuqlfwpr 'krksZ a d s rgr mDr LFkkiuk dk s deZpkjh Hkfo"; fuf/k vkSj izdh.kZ mic/a k vf/kfu;e 1952 d s rgr fnukda 15-9-2009 l s NVw iznku djr s g Sa vuqlwfp 1- fu;kDs rk }kjk viuh vè;{krk e sa Hkkjr ljdkj vFkok dUs nzh; Hkfo"; fuf/k vk;qDr }kjk fn; s x; s funsZ”kk sa d s vuqlkj Hkfo";fuf/k d s icz /a ku d s fy; s le; le; ij U;klh eMa y dk xBu fd;k tk;xs kA Hkfo"; fuf/k U;klh eMa y d s fufgr e sa gkxs k tk s i.w kZ :i l s mfpr [kkrk sa o Hkfo"; fuf/k e sa y[s kk esa izkfIr o Hkqxrku d s fy;s tokcngs gkxs k rFkk iz;kts u d s fy; s fu;kDs rk dk fu.kZ; izfr"Bkuk sa d s ekey s e sa vfare gkxs kA 308 DG/2017 (1) 2 DELHI GAZETTE : EXTRAORDINARY PART IV] 2- U;klh eMa y gj rhu eghuk sa e sa de l s de ,d ckj cSBd djxs k vkSj le; le; ij dUs n ljdkj @dUs nz Hkfo";fuf/k vk;qDr (lh-ih-,Q-lh ;k mud s }kjk vf/kd`r vf/kdkjh d s fn'kk funsZ'kk sa d s vuqlkj dk;Z djxs kA 3- lHkh fu;kDs rk] vf/kfu;e dh /kkjk 2 d s rgr] ftl s Hkfo"; fuf/k dk lnL; cuu s d s fy; s ik=rk fd;k x;k gS] LFkkiuk NVw ugh a nh x;h gS] d s lnL;ksa d s :i e sa ukekfadr fd;k tk;xs kA 4- tgk a ,d deZpkjh tk s igy s l s gh deZpkjh Hkfo"; fuf/k dk lnL; gS] ;k Hkfo"; fuf/k dh fdlh vU; NVw dk lnL; gS] vkSj ifzr"Bku e sa dk;Zjr gS] fu;kDs rk }kjk ml deZpkjh dk s rqjar gh QMa e sa lnL; d s :i e sa nkf[ky fd;k tk;xs kA fu;kDs r }kjk Hkfo"; fuf/k [kkr s e sa deZpkjh d s iwoZ fu;kDs rk dh gh rjg jkf'k LFkkukarfjr djuh gkxs hA 5- fu;kDs rk }kjk rFkk mld s deZpkjh }kjk eghu s dh gj 15 rkjh[k dk]s fiNy s eghu s dk Hkfo";fuf/k jkf'k] le; le; ij vf/kfu;e d s rgr fu/kkZfjr nj ij U;klh eMa y dk s LFkkukarfjr djuk n;s gkxs kA fu;kDs rk }kjk U;klh eMa y dk s mDr cdk;k Hkqxrku dk s LFkkukarfjr dju s esa gqbZ fdlh Hkh izdkj dh nsjh d s fy; s vf/kfu;e dh /kkjk 7 D; w d s izko/kkuk sa d s lna HkZ e as C;kt dk Hkqxrku dju s d s fy; s mÙkjnk;h gkxs kA 6- fu;kDs rk Hkfo"; fuf/k d s iz'kklu lHkh [kpZ dk s ogu djxs k rFkk Hkfo"; fuf/k d s fdlh vU; uqdlku tSl s pksjh] MdSrh] xcu rFkk vU; fdlh dkj.k l s uqdlku dk s iwjk djxs kA 7- U;klh eMa y }kjk ?kkfs"kr C;kt e sa fdlh rjg dh deh dk s oS/kkfud lhek rd yku s dh ftEesokjh fu;kDs rk dh gkxs hA 8- fu;kDs rk }kjk mi;qDr izkf/kdkjh }kjk eta wj] l'a kkfs/kr fu;ek sa rFkk fuf/k;k sa dk]s deZpkfj;k sa d s cgqer dh Hkk"kk e sa LFkkiuk d s ukfsVl ckMs Z ij iznf'kZr djxs kA 9- ;kxs nku d s nj n;s dh fLFkfr] vfxzek sa dh ek=k vkSj LFkkiuk] iRz ;ds lnL; d s [kkr s e sa tek gkus s okyh C;kt dh jkf'k LFkkiuk rFkk Hkfo";fuf/k d s fu;ek sa d s varZxr] lnL; d s ekfld py larqyu dh x.kuk ij vk/kkfjr vkSj U;klh ckMs Z }kjk ?kkfs"kr vf/kfu;e vkSj ;kts uk d s rgr cuk; s x; s izok/kkuk sa rFkk dUs nz ljdkj }kjk ?kkfs"kr dh rqyuk e sa de ugh a gkus h pkfg;As 10- ;kts uk e sa fdlh idz kj dk l'a kk/s ku] tk s fd deZpkjh d s fy; s LFkkiuk d s igy s fu;ek sa l s T;knk Qk;nes na gkxs k ml s eMa y d s fu;ek sa d s vuqlkj Lopkfyr :i l s ykx w fd;k tk;xs kA 11- fu;kDs rk }kjk fdlh Hkh fu;e e sa dkbs Z Hkh l'a kk/s ku Hkfo"; fuf/k vk;qDr d s iwoZ vuqefr d s fcuk ugh a fd;k tk;xs kA Hkfo"; fuf/k vk;qDr eta wjh l s igy s deZpkjh dk s mld s utfj; s dk s le>ku s dk s ,d mfpr volj nus k gkxs kA 12- fudklh] vfxze o LFkkukarj.k vkfn d s lHkh ekey s deZpkjh Hkfo"; fuf/k lxa Bu }kjk fu/kkZfjr le; lhek d s vuqlkj rts h l s fuiVk; sa tk;Asa 13- U;klh eMa y iRz ;ds deZpkjh d s lEc/a k e sa mld s }kjk fd;k x;k ;kxs nku] fudklh o C;kt d s fy; s foLr`r [kkr s cuk;xs kA bl rjg d s fjdkM Z dk j[kj[kko vf/kekur% bySDVªkWfud rjhd s l s djxs kA lh-lh-,Q-lh@vkj-ih-,Q-lh d s funsZ”k vuqlkj fu;kDs rk le; le; ij lnL;k sa d s [kkrk sa dk fooj.k bySDVªkWfud :i l s lpa kfjr djxs kA 14- U;klh eMa y }kjk gj deZpkjh dk s mld s [kkr s dk okf"kdZ fooj.k@ikl cqd foÙkh; y[s kk o"k Z d s [kRe gkus s d s N% eghu s igy s ,d ckj d s ekeyw h 'kqYd e sa fu'kqYd :i l s nxs kA ikl cqd d s ekey s e sa og depZ kjh d s ikl gh gkxs h vkSj U;kfl;k sa }kjk le; le; ij] deZpkjh }kjk izLrqr dju s ij] ml s v|ru fd;k tk;xs kA 15- fu;kDs rk }kjk mfpr izko/kkuk sa d s :i e sa lnL;k as d s fy; s dEi;Vw j VfeZuyk sa dk bartke djuk gkxs k ftll s fd lnL; tc pkg sa viu s [kkr s e sa 'k"sk jkf'k n[s k ldAsa 16- U;klh ckMs Z vkSj fu;kDs rk deZpkjh Hkfo"; fuf/k lxa Bu }kjk fu/kkZfjr le; lhek d s Hkhrj ekfld@okf"kZd fjVZu QkbZy djxs kA ,slk uk gkus s ij U;klh eMa y rFkk fu;kDs rk l;a qDr :i l s vFkok vyx l s deZpkjh Hkfo"; fuf/k lxa Bu nMa kRed dk;ZOkkgh d s fy; s mÙkjnk;h gkxs kA 17 U;klh eMa y }kjk le; le; ij ljdkj d s funsZ'kk sa d s vu:q i Hkfo"; fuf/k dh jkf'k dk fuo's k djxs kA jkf'k dk fuo's k ;fn ljdkjh funsZ'kk sa d s vuqlkj ugh a gksrk rk s U;klh eMa y ij l;a qDr :i l s vFkok vyx l s deZpkjh Hkfo"; fuf/k vk;qDr- }kjk vf/kHkkj yxk;k tk ldrk gSA 18- izfrHkfwr;k sa dk s VªLV d s uke ij izkIr fd;k tk;xs kA izkIr izfrHkfwr;k sa dk MheSV gkus k pkfg; s vkSj {ks= e sa dfFkr lqfo/kk dh miyC/rk ugh a gkus s d s dkj.k U;klh eMa y bl dh tkudkjh {ks=h; Hkfo"; fuf/k vk;qDr dk s nxs kA U;klh eMa y }kjk ,d jftLVj j[kk tk;xs k vkSj lqfuf'pr djxs k fd C;kt dh olyw h le; ij dh tkrh jgAs MheSV [kkrk Hkkjrh; fjtZo cSda rFkk dUs nz ljdkj }kjk eta wjh izkIr fd; s x; s fMiktVªh ifzrHkkfx;k sa }kjk dUs nz ljdkj }kjk tkjh dh x;h uhfr;k sa d s vuqlkj [kkys k tk;As MheSV [kkrk cuk; s j[ku s dh ykxr dk s U;klh }kjk vkdfLed ykxr d s :i e sa O;ogkj fd;k tkuk pkfg;As 3 PART IV] DELHI GAZETTE : EXTRAORDINARY 19- ,sl s lHkh fuo's k] ifzrHkfwr;k sa vkSj ck.Wa M dh [kjhn fjto Z cdSa vkWQ bfaM;k rFkk dUs nz ljdkj }kjk eta wjh izkIr fd; s x; s fMiktVªh izfrHkkfx;k sa dh lqjf{kr fuxjkuh e sa j[kuh pkfg; s tk s mld s laj{kd Hkh gkxs Aasa izfr"Bku d s cna gkus s ij vFkok ifjlekiu ij vFkok biZ h,Q Ldhe] 1952 }kjk NVw jn~n gkus ij bl rjg d s laj{kd dk s lHkh rjg d s fuo's k tk s fd eMa y d s uke ij fy; s x; s gS a vkjih,Qlh d s vuqjk/s k ij LFkkukarj.k dju s gkxsa As 20- NVw izkIr LFkkiuk vkjih,Qlh dk s mu fMiktVªh ifzrHkkfx;k(sa fjto Z cdSa vkWQ bfaM;k rFkk dUs nz ljdkj }kjk eta wjh izkIr) d s ckj s e sa lfwpr djsxh ftud s laj{k.k e sa fuo's k VªLV d s uke fd; s x; s Fk s tSl s fuo's k ifzrHkfwr;k sa vkSj ckW.M d s :i e sa fd; s x;As gkykfad U;klh eMa y bl rjg dh jkf'k cSBdk sa d s fy; s vfuok;Z [kp Z d s :i e sa tSl s nkok sa dk fuiVku] fu;e d s vuqlkj Hkfo"; fuf/k lnL; dh jkf'k dk LFkkukarj.k fu;kDs rk dh lsok NkMs u+ s d s le; vkSj ifzrHkfwr;k sa dh fcØh }kjk fdlh vU; rjg dh izkfIr vFkok {ks=h; Hkfo"; fuf/k vk;qDr dh vuqefr ij QMa d s uke ij dkbs Z vU; fuo's kA 21- fdlh Hkh rjg dk vk;kxs ] izkRs lkgu] ckus l ;k vU; vkfFkdZ izfrQy fdlh Hkh fofÙk; vFkok vU; laLFkku }kjk fn;k tkrk gS rk s og VªLV d s [kkr s e sa tek gkxs kA 22- fu;kDs rk rFkk U;klh eMa y d s lnL;k sa dk s NVw d s le; vkj-ih-,Q-lh d s le{k fyf[kr miØe izLrqr djxs k ftle sa mldh ;g lgefr gkxs h fd og lHkh 'krksZ a o fu;ek sa dk lnk ikyu djxs k vkSj ;g dkuuw h rkSj ij fu;kDs rk vkSj U;klh eMa y mud s mÙkjkf/kdkfj;k sa ij] lia fÙk Hkkxh ij ckè;dkjh gkxs kA 23- fu;kDs rk rFkk U;klh ckMZ dk s NVw jn~n uk gkus s dh fLFkfr e sa lca f/kr vkjih,Qlh }kjk fu/kZkfjr le; lhek d s Hkhrj rqjar gLrkarj.k dju s d s fy; s ,d miØe nus k gkxs kA ;g dkuuw h rkSj ij mu ij ckè;dkjh gkxs k vkSj mUg sa /ku d s gLrkarj.k e sa dkbs Z nsjh dh fLFkfr e sa vfHk;kts u i{k d s fy; s mÙkjnk;h cuuk gkxs kA 24- U;klh eMa y }kjk cuk; s x;h Hkfo"; fuf/k d s [kkr s dk s okf"kdZ rkSj ij ,d ;kXs ; Lora= pkVZM Z vdkmVa Vs }kjk y[s kk ijh{kk d s v/khu fd;k tk;xs kA tgk¡ vko';d ekuk tk;xs k lh-ih-,Q-lh- vFkok {ks= d s vkj-ih-,Q-lh izHkkjh }kjk [kkrk sa dh y[s kk ijh{kk fdlh vU; ;kXs ; y[s kk ijh{kd }kjk djk;k tk ldrk g S ftldk [kp Z fu;kDs rk }kjk ogu fd;k tk;xs kA vkWfMfVM cySa sal 'khV rFkk izy[s kk ijh{kdk sa dh fjikVZ] foÙkh; o"kZ 1 vizSy l s 31 ekpZ rd] dh ,d izfr] u; s foÙkh; o"kZ d s 6 eghu s [kRe gkus s d s Hkhrj vkj-ih-,Q-lh- dk s izLrqr dh tk;xs hA cSysal 'khV rFkk vU; tkudkjh deZpkjh Hkfo"; fuf/k lxa Bu }kjk fu/kkZfjr vkSj ,d gLrk{kfjr gkMZ dkWih d s :i e sa bykWDVªkWfud izk:i e sa vkj-ih-,Q-lh- dk;kZy; e sa miyC/k djk;k tk;xs kA ,d gh y[s kk ijh{kdk sa dk s yxkrkj nk s lky d s fy; s fu;qDr ugh a fd;k ldrk vkSj N% lky e sa nk s ckj l s T;knk ugh a fu;qDr fd;k ldrkA 25- LFkkiuk }kjk yxkrkj rhu foÙkh; o"kk sZa rd itwa h d s vk/kkj ij viu s dk s ?kkV s e sa fn[kku s ij nh x;h NVw dk s vxy s foÙkh; o"kZ d s 'k:q gkus s d s igy s fnu okil y s fy;k tk;xs kA 26- NVw nh x;h LkaLFkkiuk d s fujh{k.k d s fy; s dUs nz ljdkj dk s le; le; ij /kkjk 17 dh mi/kkjk ¼3½ d s vuqNns ¼,½ vuqlkj lfqo/kk gj eghu s d s [kRe gkus s d s 15 fnu igy s inz ku djuh gkxs h ftld s 'kYq d dk Hkqxrku fu;kDs rk dk s Hkqxrku djuk gkxs kA 27- NVw d s vuqnku d s fy; s 'krkZ sa d]s fu;kDs rk rFkk U;klh eMa y }kjk] fdlh Hkh idz kj d s mYYk?a ku ij nh x;h NVw dkj.k crkvk s ukfsVl tkjh dju s d s mijkar jn~n dj nh tk;xs hA 28- fdlh Hkh uqdlku] xcu] /kk[s kk/kM+h xyr fuo's k d s fu.kZ; vkfn ij fu;kDs rk gh ftEesokj gkxs k vkSj mldk Hkqxrku djxs kA 29- LkaLFkkiuk] ftl s NVw nh x;h gS] dh dkuuw h fLFkfr d s fdlh Hkh ifjoZru] foy;] fo?kVu] vfrxzg.k] fcØh ,dhdj.k] ,d lgk;d d s xBu] pkg s i.w kZ LokfeRo ;k ugh]a mldh NVw jn~n dh tk;xs h vkSj LkaLFkkiuk dk s iqu% rktk NVw d s vuqnku d s fy; s vkj-ih-,Q-lh dk s fjikVs Z djuk gkxs kA 30 ;fn NVw ik;h gbq Z VªLV e sa ,d l s vf/d ;fwuV@laLFkkiuk Hkkx y s jgh gS rk s lHkh U;klh eMa y rFkk fu;kDs rk l;a qDr :i l s vFkok vyx l s fdlh Hkh ;fwuV@LFkkiuk d s fdlh Hkh U;klh }kjk dkbs Z Hkh pdw gksrh gS rk s vkj-ih-,Q-lh lHkh U;kfl;k sa d s f[kykQ mi;qDr dkuuw h dk;ZOkkgh djxs kA 31- dUs nzh; ljdkj }kjk laLFkkiuk dk s feyu s okyh NVw dk s tkjh j[ku s d s fy; s fdlh Hkh izdkj dk fu;e fu/kkZfjr dj ldrh gSA jk’Vªh; jkt/kkuh {ks= fnYyh d s mijkT;iky d s vkn's k l s RkFkk mud s uke ij] ,- d-s flag] lfpo ¼Je½ 4 DELHI GAZETTE : EXTRAORDINARY PART IV] LABOUR DEPARTMENT NOTIFICATION Delhi, the 17th January, 2017 No.: F/29/17/EPF(Exemp.-4686)/Lab/16/4110.—Whereas, M/s RHC Holding Pvt. Ltd. New Delhi (DL/4686), (herein after referred to as the said establishment) applied for exemption under sub-section (1) of section 17 of the Employees Provident Fund and Miscellaneous Provisions Act, 1952 (19 of 1952) (hereinafter referred to as the said Act); And whereas, the Sub-Committee of Central Board of Trustees, Employees’ Provident Fund in its meeting dated 07.08.2014 has recommended that exemption under section (17)(1) of the said Act (19 of 1952) may be given to the said establishment with effect from 15.09.2009; And whereas, in the opinion of the Lt. Governor, Delhi the rules of the provident fund of the said establishment with respect to the rates of contribution are not less favourable than those specified in section 6 of the said Act and the employees are also in the enjoyment of other provident fund benefits which on the whole are not less favourable to the employees than the benefits provided under the said Act or under the Employees Provident Fund Scheme, 1952 (herein after referred to as the said scheme) in relation to the employees in any other establishment of a similar character; Now, therefore, in exercise of the powers conferred by sub-section (1) of section 17 of the said Act read with notification no. PF-II.11(40)/59 dated 22.04.1960 of Government of India, Ministry of Labour, subject to the conditions specified in the schedule annexed hereto, the Lt. Governor, Delhi hereby exempts the said establishment from the operation of the provisions of the Employees Provident Fund Scheme retrospectively with effect from 15.09.2009. SCHEDULE 1. The employer shall establish a Board of Trustees under his Chairmanship for the management of the Provident Fund in accordance to such directions as may be given by the Central Government or the Central Provident Fund Commissioner, as the case may be, from time to time. The Provident Fund shall vest in the Board of Trustee who shall be responsible for and accountable to the employees’ Provident fund organization, inter alia, for proper accounts of the receipt into and payment from the Provident Fund and the balance in the custody. For the purpose, the “employer” shall mean-the person who, or the authority, that has the ultimate control over the affairs of the establishments. 2. The Board of Trustee shall meet at least once in every three months and shall function in accordance with the guidelines that may be issued from time to time by the Central Government/Central Provident Fund Commissioner (CPFC) or an officer authorized by him. 3. All employers, as defined in section 2(f) of the Act, who have been eligible to become members of the Provident Fund, had the establishment not been granted exemption, shall be enrolled as members. 4. Where an employee, who is already a member of Employees’ Provident Fund or a member of provident fund of any other exempted establishment, is employed in his establishment, the employer shall immediately enroll him as a member of the fund. The employer should also arrange to have the accumulations in the provident fund account of such employee with his previous employer transferred and credits into his account. 5. The employer shall transfer to the Board of Trustees the contribution payable to the provident fund by himself and by the employees at the rate prescribed under the Act from time to time by the 15th of each month following the month for which the contributions are payable. The employer shall be liable to pay 5 PART IV] DELHI GAZETTE : EXTRAORDINARY simple interest in terms of the provisions of section 7Q of the Act for any delay in payment of any dues towards the Board of Trustees. 6. The employer shall bear all the expenses of the administration of the Provident Fund and also make good any other loss that may be caused to the Provident Fund due to theft, burglary, defalcation, misappropriation or any other reason. 7. Any deficiency in the interest declared by the Board of Trustees is to be made good by the employer to bring it up the statutory limit. 8. The employer shall display on the notice board of the establishment, a copy of the rules of the funds as approved by the appropriate authority and as and when amended thereto along with a translation in the language of the majority of the employees. 9. The rate of contribution payable, the conditions and quantum of advances and other matters laid down under the provident fund rules of the establishment and the interest credited to the account of each member, calculated on the monthly running balance of the member and declared by the Board of Trustees shall not be lower than those declared by the Central Government under the various provisions prescribed in the Act and the Scheme framed there under. 10. Any amendment to the Scheme, which is more beneficial to the employees than the existing rules of the establishment shall be made applicable to them automatically pending formal amendment of the Rules of the trust. 11. No amendment in the rules shall be made by the employer without the prior approval of the Regional Provident Fund Commissioner (referred to as RPFC hereinafter). The RPFC shall before giving his approval give a reasonable opportunity to the employees to explain their point of view. 12. All claims for withdrawals, advance and transfer should be settled expeditiously, within the time frame prescribed by the Employees Provident Fund Organization. 13. The Board of Trustees shall maintain detailed accounts to show the contribution credited withdrawal and interest in respect of each employee. The maintenance of such records should preferably be done electronically. The establishments should periodically transmit the details of member’s accounts electronically as and when direct by the CPFC/RPFC. 14. The Board of Trustees shall issue an annual statement of accounts or pass books to every employee within six months of the close of financial/accounting year free of cost once in the nominal charges. In case of passbook, the same shall remain in custody of employee to be updated periodically by the trustees when presented to them. 15. The employer shall make necessary provisions to enable all the members to be able to see their account balance from the computers terminals as and when required by them. 16. The Board of Trustees and the employer shall file such returns month/annually as may be prescribed by the Employees’ Provident Fund Organization within the specified time-limit, failing which it will be deemed as a default and the Board of Trustees and employer will jointly and separately be liable for suitable penal action by the Employees’ Provident Fund Organization. 17. The Board of Trustees shall invest the money of the provident fund as per the directions of the government from time to time. Failure to make investments as per directions of the Government shall made the Board of Trustees separately and jointly liable to surcharge as may be imposed by the Central Provident Fund Commissioner or his representative. 6 DELHI GAZETTE : EXTRAORDINARY PART IV] 18. (a) The securities shall be obtained in the name of Trust. The securities so obtained should be in dematerialized (DEMAT) from and in case the required facility is not available in the area where the trust operates, the Board of Trustees shall inform the Regional Provident Fund Commissioner concerned about the same. (b) The Board of Trustees shall maintain a script wise register and ensure timely realization of interest. (c) The DEMAT Account should be opened through depository participants approved by Reserve Bank of India and Central Government in accordance with the instruction issued by the Central Government in this regard. (d) The cost of maintaining DEMAT account should be treated as incidental cost of investment by the Trust. Also all types of Cost of investment by the Trust. 19. All such investments made, like purchase of securities and bonds, should be lodged in safe custody of depository participants, approved by Reserve Bank of India and Central Government, who shall be the custodian of the same. On closure of establishment or liquidation or cancellation of exemption from EPF Scheme, 1952, such custodian shall transfer the investment obtained in the name of the Trust and standing in its credit to the RPFC concerned directly on receipt of request from the RPFC concerned to that effect. 20. The exempted establishment shall intimate to the RPFC concerned the details of depository participants (approved by the Reserve Bank of India and Central Government), with whom and in whose safe custody, the investments made in the name of trust, viz., Investments made in securities, bonds, etc. have been lodged. However, the Board of Trustees may raise such sum or sums of money as may be required for meeting obligatory expenses such as settlement of claims, grant of advances as per rules and transfer of member’s P.F. accumulations in the events of his/her leaving service of the employer and any other receipts by sale of the securities or other investments standing in the name of the Fund subject to the prior approval of the Regional Provident Fund Commissioner. 21. Any commission, incentive, bonus, or other pecuniary rewards given by any financial or other institutions for the investments made by the Trust should be credited to its account. 22. The employer and the members of the Board of Trustees, at the time of grant of exemption, shall furnish a written undertaking to the RPFC in such format as may be prescribed from time to time, inter alia, agreeing to abide by the conditions which are specified and this shall be legally binding on the employer and Board of Trustees, including their successors and assignees, or such conditions as may be specified latter for continuation of exemption. 23. The employer and the Board of Trustees shall also give an undertaking to transfer the funds promptly within the time limit prescribed by the concerned RPFC in the event of cancellation of exemption. This shall be legally binding on them and will make them liable for prosecution in the event of any delay in the transfer of funds. 24. (a) The account of the Provident Fund maintained by the Board of Trustees shall be subject to audit by a qualified independent chartered accountant annually. Where considered necessary, the CPFC or the RPFC in-charge of the Region shall have the right to have the accounts re-audited by any other qualified auditor and the expenses so incurred shall be borne by the employer. (b) A copy of the Auditor’s report along with the audited balance sheet should be submitted to the RPFC concerned by the Auditors directly within six months after the closing of the financial year from 1st April to 31st March. The format of the balance sheet and the information to be furnished in the report shall 7 PART IV] DELHI GAZETTE : EXTRAORDINARY be as prescribed by the Employees’ Provident Fund Organization and made available with the RPFC Office in electronic format as well as a signed hard copy. (c) The same auditors should not be appointed for two consecutive years and not more than two years in a block of six years. 25. A company reporting loss for three consecutive financial years or erosion in their capital base shall have their exemption withdrawn from the first day of the next/succeeding financial year. 26. The employer in relation to the exempted establishment shall provide for such facilities for inspection and pay such inspection charges as the Central Government may from time to time direct under clause (a) of subsection (3) of section 17 of the Act within 15 days from the close of every month. 27. In the event of any violation of the conditions for grant of exemption, by the employer or the Board of Trustees, the exemption granted may be cancelled after issuing a show cause notice in this regard to the concerned persons. 28. In the event of any loss to the trust as a result of any fraud, defalcation, wrong investment decisions etc. the employer shall be liable to make good the loss. 29. In case of any change of legal status of the establishment, which has been granted exemption, as a result of merger, demerger, acquisition, sale amalgamation, formation of a subsidiary, whether wholly owned or not, etc., the exemption granted shall stand revoked and the establishment should promptly report the matter to the RPFC concerned for grant of fresh exemption. 30. In case, there are more than one unit/establishment participating in the common Provided Fund Trust which has been granted exemption, all the trustees shall be jointly and separately liable/responsible for any default committed by any of the trustees/employer of any of the participating units and the RPFC shall take suitable legal action against all the trustees of the common Provident Fund Trust. 31. The Central Government may lay down any further condition for continuation of exemption of the establishments. By Order and in the Name of the Lt. Governor of National Capital Territory of Delhi, A. K. SINGH, Secy. (Labour) Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.