TeamLease Services Limited has informed stock exchanges that the hearing for its appeal before the High Court of Gujarat, related to an order from the Employees’ Provident Fund Organisation (EPFO), has been adjourned. The adjournment was granted at the request of the EPFO’s advocate for an extension to submit a reply. The hearing, originally scheduled for August 7, 2026, is now set for September 1, 2026.
Court Hearing on EPF Appeal Postponed
TeamLease Services Limited has announced a procedural update regarding its ongoing appeal with the High Court of Gujarat. The appeal pertains to an order received from the Employees’ Provident Fund Organisation (EPFO).
Adjournment Granted
The legal proceedings have experienced a delay as the advocate representing the EPFO requested additional time to file their response to the appeal lodged by TeamLease. Consequently, the matter has been adjourned. The court hearing, initially slated for August 7, 2026, is now rescheduled to September 1, 2026. This development follows a previous intimation filed by the company on May 6, 2026, concerning the same appeal.
Ongoing Legal Matter
The company is actively pursuing its appeal against the EPF order, which concerns the applicability of the EPF Act to NEEM trainees. While the direct financial impact remains uncertain and is disclosed as a contingent liability, the ongoing legal process is being closely monitored. Details regarding the dispute and its potential implications have been provided in accordance with SEBI regulations.
Source: BSE
