Legal6 May 2026, 08:01 pm
TeamLease Appeals EPFO Order at Gujarat High Court
AI Summary
TeamLease Services Ltd has filed an appeal with the Hon'ble High Court of Gujarat against an order received from the Employees' Provident Fund Organisation (EPFO) under Para 26B of the EPF Scheme, 1952. The order, dated March 11, 2026, relates to the applicability of PF on NEEM trainees deployed by TeamLease Skills University (TLSU). The company is seeking a stay on the order. While the order does not quantify any specific dues, interest, or damages, TeamLease has disclosed the matter as a contingent liability in its FY25 financial statements.
Key Highlights
- TeamLease has filed an appeal against an EPFO order concerning PF applicability on NEEM trainees.
- The order, issued under Para 26B of the EPF Scheme, does not quantify any financial liability.
- TLSU had previously obtained a favorable interim stay in a similar matter from the Madras High Court.
- The company has disclosed the matter as a contingent liability in its FY25 financial statements.
- The appeal was filed with the Gujarat High Court after receiving the EPFO order.