M/S. GOETZE (INDIA) LTD. versus EMPLOYEES STATE INSURANCE CORPORATION
Employer must pay statutory interest for delayed ESI contribution. No compromise, settlement, or stay can waive this liability, as statute does not provide for waiver of interest.
Source-derived case information.
- Parties
- Appellant: M/S. Goetze (India) Ltd.; Respondent: Employees State Insurance Corporation
- Jurisdiction
- India
- Judgment Date
- 07 July 2008
- Procedural Posture
- Civil Appeal / Appeal From High Court Dismissal of Writ Petition
- Outcome
- Appeal dismissed
- Legal Topics
- Employees State Insurance, Employer's Contribution, Interest on Delayed Payment, Waiver of Statutory Liabilities
Source-derived case record
Summary, issues, holding and outcome
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Parties
M/S. Goetze (India) Ltd.
Appellant
Employees State Insurance Corporation
Respondent
Procedural Posture
Civil Appeal / Appeal From High Court Dismissal of Writ Petition
Legal Issues
- 1 Whether employer is liable for interest on delayed payment of ESI contribution
- 2 Whether compromise or settlement can waive statutory interest liability
Ratio Decidendi
Employer must pay statutory interest for delayed ESI contribution. No compromise, settlement, or stay can waive this liability, as statute does not provide for waiver of interest.
Court Disposition
Appeal dismissed
Orders
- Appeal dismissed; no order as to costs
Full Case Text
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