M/S K. Streetlite Electric Corporation vs Regional Provident Fund Commissioner, ...

The Supreme Court upheld the imposition of damages under Section 14-B of the Employees Provident Funds & Misc. Provisions Act, 1952, rejecting the appellant's claims of undue delay in proceedings and reliance on Central Government instructions under Section 20. The Court established that delay in initiating action does not automatically imply prejudice unless specific evidence is provided. The appeal was dismissed, affirming the High Court's ruling that the damages were levied in accordance with the law.