ESIC issued a circular regarding the release of pending payments

Jun 12, 2023 | by TeamLease RegTech Legal Research Team

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Labour ComplianceThe Employees' State Insurance Corporation (ESIC) on June 09, 2023, issued a circular regarding the release of pending payments.

This is to inform you that the corporation continuously receives letters/ representations/ Legal Notices from various DGESIC-approved Pharmaceutical Firms regarding outstanding/ pending payments/delays in payment release for the supplies made by the respective firms as ESI Locations pan India.

The payment for the supply will be made within 4 to 6 weeks (after receipt and acceptance of the drugs/items) directly by the Direct Demanding Officers or through nominees to whom bills are submitted, as per terms & conditions of the DGESIC Rate Contract/s.

All concerned are directed to release the payment at the earliest.

[Circular No. U-25/12/Pending Payment/2023-Med-V/336]


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