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PF office attaches Subhiksha's accounts
T E Narasimhan / Chennai Mar 17, 2009, 00:07 IST

R SubramanianThe Chennai Employees’ Provident Fund Office (EPFO) today said it had attached all bank accounts of Subhiksha Trading Services for failing to pay provident fund (PF) dues.

The move comes after Subhiksha, which is negotiating with banks for a corporate debt restructuring (CDR) package, failed to pay employee provident fund dues to the tune of Rs 1.46 crore for June-September 2008 after the expiry of the deadline set by the PF office.

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Meanwhile, R Subramanian, managing director, Subhiksha Trading Services, said “he has not been intimated about any such thing (attachment of bank accounts) by the EPFO.” He said the retail chain had 13 bank accounts.

A senior EPFO official said “the company (Subhiksha) was given 15 days starting February 20 to pay the dues. Since the dues were not paid, we initiated action last week and attached all its bank accounts.” He added: “We will stick to our target of collecting the dues before March 31, 2009, when the fiscal year comes to an end.”

Subhiksha, whose operations have come to a standstill, has said it doesn’t have any money to pay its employees, creditors or interest as it expanded too fast.

Subramanian had earlier said he had offered to transfer money from his personal provident fund account for paying a part of the dues. He, however, denied that a deadline set by the Chennai EPFO had expired.

“This offer of payment of personal PF monies was offered even though the said account was not attachable under law as PF monies are not subject to attachment,’’ Subramanian said in an e-mailed statement. “I have executed the necessary papers.’’

Meanwhile, the Chennai EPFO has asked PF offices in other parts of the country to check the status of PF payments by Subhiksha. “We have asked Delhi and Nagpur EPFO offices to look at contractors who have been supplying workers for Subhiksha,” said a source in the Chennai EPFO.

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Latest Messages
Posted by: R.Sivakumar
R.Sivakumar I am also a staff of southern wind farm. We did'nt get salary of six month and pf.so that please me detail of how can i received my pf my working company adress southern wind farm,15.soundarapandiyan street chennai - 600083 My adress R.Sivakumar meenakshipuram aralvoimozhi Bank A/c No : 609501090796 Please my pf account no and pf account closed amount settled my account trans. With Regards R.Sivakumar
Posted by: pratik
how can i received my salary & pf i dont know what is my pf no pls help me i was working with subhiksha for 2 year so that pls give me detail of how can i received my pf
Posted by: Md.BasirUddin
I am also a staff of Subhiksha in Kolkata(WB-4887). We did'nt get salary of six months and PF . I don't know how i will get it???? Regards Md. Basir Uddin
Posted by: balbirsingh
sir i have also pf no DL/35525/3218 which is given by SUBHIKSHA threw menpower agency pls can you give me the account atatement it has something in it or not and how can i withdraw my pf because the company has given me only this i have nothing instead of it i will be very thankful to u if u give me some information thanks
Posted by: cheatedbyRS
Pls dont get misguided by this guys statement of giving money thru personal account etc etc. There is no commitment from the company or promoters. Rather RS actually laughs away on the laws of land and thinks that he can never be held responsible for his wrong doings. Mr. RS, we and our families have lost big time because of your faulty and greedy tactics. Now is the time for you to suffer. Justice will finally prevail.
Posted by: CheatedbySubhiksha
RS should now come out with all facts relating to money siphoned off during this scam.
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