Sangam Spinners vs Regional Provident Fund ...

The Supreme Court upheld the Rajasthan High Court's dismissal of the appellant's Special Appeal, affirming that Section 16(1)(d) of the Employees Provident Funds Act, 1952 was omitted with retrospective effect from 22.9.1997, thus denying the appellant's claim for exemption as a new factory after that date. The Court clarified that the entitlement to the benefits under the Act ceased post the amendment, despite the appellant's argument regarding the applicability of the infancy protection. The ruling reinforced the interpretation of legislative amendments and their retrospective implications on existing rights.