M/S. GOETZE (INDIA) LTD. vs EMPLOYEES STATE INSURANCE CORPORATION

The Supreme Court upheld the High Court's dismissal of the appellant's writ petition regarding the demand for interest on contributions under the Employees State Insurance Act, 1948. The Court clarified that the liability to pay interest is statutory and cannot be waived by compromise, as established in Section 75 of the Act. The Court affirmed that the appellant's claim of a compromise regarding interest was unfounded, thus reinforcing the statutory obligation to pay interest on delayed contributions.