Bombay High Court Upholds Applicability of EPF Act to Commission-Based Agents: "Economic Realities Irrespective of Nomenclature Indicate Employer-Employee Relationship," Rules Pygmy Agents Are "Employees" Due to Economic Dependency and Integral Role in Bank Operations

Bombay High Court Upholds Applicability of EPF Act to Commission-Based Agents: “Economic Realities Irrespective of Nomenclature Indicate Employer-Employee Relationship,” Rules Pygmy Agents Are “Employees” Due to Economic Dependency and Integral Role in Bank Operations

Court’s Decision: The Bombay High Court dismissed the writ petition filed by the petitioner, a cooperative bank, challenging the Regional Provident Fund Commissioner’s order. The court ruled that the petitioner…