TeamLease Services filed an appeal with Gujarat High Court against an EPFO order concerning PF applicability on NEEM trainees.
The EPFO order, received March 11, 2026, did not quantify any financial dues, interest, or damages for the period July 2014 to June 2022.
The company disclosed no immediate financial impact, treating the matter as a contingent liability in its FY25 financial statements.
TLSU is optimistic for relief, citing a favorable interim stay from Madras High Court in a similar NEEM-related case.