Statutory Compliance
At Epstom, we remain steadfast in our commitment to full compliance with all statutory and regulatory requirements under the applicable laws. Our adherence to these frameworks ensures that we operate responsibly and uphold the highest standards of social security, health, welfare, and labour practices.
The following acts and regulations form a core part of our compliance framework:
- Maternity Benefit Act, 1961
- Payment of Bonus Act, 1965
- Equal Remuneration Act, 1976
- Minimum Wages Act, 1948
- Employees’ State Insurance Act, 1948
- Employees' Provident Funds and Miscellaneous Provisions Act, 1952
- Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) Act, 2013
- Labour Welfare Fund Act (as applicable in respective state jurisdictions)
- Contract Labour (Regulation and Abolition) Act (as applicable in respective state jurisdictions)
- Workmen’s Compensation Act, 1923
Compliance Framework
Commitment to Legal Compliance
Epstom is fully committed to complying with all applicable local, state, national, and international laws and regulations. Our compliance framework is structured to proactively identify, interpret, and fulfill statutory obligations that impact our business operations.
Employment Laws
We ensure strict adherence to labor regulations covering minimum wages, working hours, overtime, and conditions of employment. Our framework also emphasizes compliance with laws governing workplace safety, anti-discrimination, and the protection of employee rights.
Corporate Governance
We comply with all corporate laws related to company formation, governance structures, and statutory reporting. This includes the timely filing of annual reports, financial statements, and other mandatory disclosures to maintain transparency and accountability.
Monitoring and Auditing
Internal Audits
We conduct regular internal audits to evaluate compliance with statutory requirements and identify opportunities for improvement. All audit findings are thoroughly documented, and corrective actions are implemented promptly to address any instances of non-compliance.
External Audits
Independent external auditors are engaged to review and verify compliance with statutory obligations. These third-party assessments ensure transparency, accountability, and alignment with best practices.
Compliance Reporting
We provide regular compliance reports to the Board of Directors and senior management, highlighting the overall compliance status and any significant issues. Accurate and up-to-date records of all compliance activities and reports are maintained to support informed decision-making and continuous improvement.