Tech Mahindra Ltd. v. Regional Provident Fund Commissioner-Ii and Anr.
Case brief
What is this about?
Writ petition challenging a PF order directing a pre-deposit was allowed partially. The required deposit was reduced from 75% of the demand amount to a bank guarantee of Rs.50 crores, subjecting to conditions.
What did the court decide?
Pre-deposit reduced from 75% of demand amount to bank guarantee of Rs.50 crores payable within four weeks.