Section Text
If an employer is not
satisfied with the order referred to in section 125 and relates to Chapter IV, he may prefer an appeal to the
appellate authority not below the rank of the Joint Director of the Corporation as may be provided by
regulations, within sixty days from the date of such order after depositing twenty-five per cent. of the
contribution so ordered or the contribution as per his own calculation, whichever is higher, with the
Corporation:
Provided that the appellate authority shall decide the appeal within a period of six months from the date
of preferring the appeal:
Provided further that if the employer finally succeeds in the appeal, the Corporation shall refund such
deposit to the employer together with such interest as may be specified in the regulations.