Hey there, folks! Big news coming out of Pune today as the Maharashtra Labour Department has uncovered some shocking irregularities at the local office of EY member firm S.R. Batliboi and Co. According to labour officials, the company has been operating without proper registration under the Maharashtra Shops and Establishments Act since 2007.
EY, a top Big Four auditor, is known for guiding corporates on legal compliance, but it seems their own Pune branch may have slipped through the cracks. The Act requires all establishments in Maharashtra to register within 30 days of starting operations, and failure to do so can lead to penalties.
The issue came to light after the tragic death of a young employee, Anna Sebastian Perayil, who worked at the firm for just four months before passing away. Her mother raised concerns about her daughter’s stress levels due to long work hours, prompting an inquiry into the company’s practices.
During a recent visit by the Central Minister of Labour & Employment to Pune, questions were raised about the EY case. As a result, the ministry has ordered a probe through the Maharashtra Labour Commissioner to get to the bottom of these irregularities.
Stay tuned for more updates on this developing story as the Labour Department looks into taking further action. Stay safe and stay informed!
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