Appellate Authority; there is no
reason why the demand under Section 7Q which relates to
interest on the principal amount be not stayed.
Accordingly, learned ... damage under
Section 14B of EPF & MP Act is stayed;
iii) The stay on the demand of interest under Section 7Q
towards the interest
under Section 7Q of the Employees Provident Fund and
Miscellaneous Provisions Act, 1952 and for further direction to
release the bank accounts ... order under Section 14B has been
passed awarding damages and interest of Rs. 1,04,99,857.00/-
under Section 14B and 7Q
passed under Section 14B should be reviewed
under Section 7B of the Act is misconceived as the powers of under
section 7B is available ... thereafter proceeded to
assess the damages under section 14B as well as penal interest under
section 7Q of the Act.
From the aforesaid facts
operation of the order under
Section 14B of the Act, but further held that the appeal
under Section 7Q of the Act is not maintainable ... passed under Section 14B of the Act
has already been stayed; however, the Tribunal could not
stay the appeal under Section 7Q
operation of the order under
Section 14B of the Act, but further held that the appeal
under Section 7Q of the Act is not maintainable ... passed under Section 14B of the Act
has already been stayed; however, the Tribunal could not
stay the appeal under Section 7Q
application for review
referred to in sub- section 5 thereof], or section 7C , or section
14B , may prefer an appeal to a Tribunal against such ... April 2006
under section 7A of the Employees' Provident Funds and Miscellaneous
Provisions Act, 1952 and interest payable under section 7Q aggregating
under Section
14B of the Act, 1952 and Rs.3,65,805/- under Section 7Q of the said Act.
The proceeding under Section ... amount of Rs.10,09,399/- under Section 14B and
Rs.7,46,673/- under section 7Q of the Act, 1952. A letter dated
provided for the payment of simple interest at
12% per annum ( Section 7Q ) payable from the date the
amount has become due till the date ... Delay Revised Rates of Interestchargeable under Tota Existing rate of
Damages section 7Q l damages
(i) 2 months or 5 12 17 25
less
principal amount Rs.1,79,101/- under Section 7A and interest amount
Rs.39,090/- under Section 7Q ) for the period from April ... under
section 14B and Rs.2,23,304/- under section 7Q ) for the period from
November, 2009 to September, 2016. Learned counsel for the
respondent
under Section 7Q of the said Act (total Rs.18,55,976/-)
within 15 days from the date of receipt of the said notice failing ... Fund Commissioner, Ranchi has assessed damages under Section 14B
of the Act, 1952 and interest under Section 7Q of the said Act vide
letter
