Companies registered under the ESIC through the MCA portal will have to declare their status within six months of the registration

Posted On - 10 July, 2023 • By - King Stubb & Kasiva

Employees’ State Insurance Scheme’scircular dated 02.06.2023 introduced the dormant option in the employer’s portal. The companies registered under ESIC through the MCA portal will have to declare their status within 6 months of the registration to avoid defaulter action. Before the end of the “inactive mode,” the companies registered under ESIC can further extend the “inactive mode” period for six months and can continue to extend in a similar manner as per the status of the company. The option of declaring “inactive mode” will not be available to the employer after the expiry of six months.