The Employee State Insurance Act, 1948 The Employees State Insurance Act, 1948 The ESI Act has been passed to provide for certain benefits to employees in case of sickness, maternity and employment injury and to make provisions for related matters. eligible for any cash benefit under ESI Act for a period that may be prescribed In case an insured person gives The court can, as per its discretion, extend the time given to pay periodically. 10,000 per month). recovery of the said damages amount should not exceed the amount of Punishments under sections 405, 406 and 409 of IPC-. Copyright © 2021 ENTERSLICE FINTECH PRIVATE LIMITED. The major objective of the Act was to provide certain benefits to employees in case of sickness, maternity and injury (during employment) and for providing other benefits in relation to the main objectives. The damages levied or to be levied may be waived off partially or wholly in exceptionally hard cases. by the Central Government. THE EMPLOYEES’ STATE INSURANCE ACT, 1948 [Act No. According to Section 497 of Indian Penal Code a person is guilty of adultery is a crime. to provide benefits to the employees in the event of sickness, maternity, and Non-availability of funds cannot be a ground for non-payment of contributions under the act. It specifies that if an employer or o Commercial. This is an exciting prospect from both an employee’s and a legal perspective as the beginning of a formal social security program in India. A coverable employee is to be enrolled as a member of ESI on the first day of joining. These penalties under ESI Act intend to hold the employers accountable for their work, which may affect their employees. There is no provision to waive the contribution, damages and interest