FAO No. 900 of 2011 [1] IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH FAO No. 900 of 2011 (O&M) Date of decision: 6.4.2011 Dhir Global Industria Pvt. Ltd. .. Appellant v. Deputy Director (Revenue) Employees State Insurance Corporation and another .. Respondents CORAM: HON'BLE MR. JUSTICE RAJESH BINDAL Present: Mr. Rajiv Sharma, Advocate for the appellant. ... Rajesh Bindal J. Challenge in the present appeal is to the order dated 31.8.2010, passed by Employees State Insurance Court, Gurgaon, dismissing the application filed by the appellant challenging notice imposing interest of ` 4,27,558/- on account of delayed deposit of ESI contribution for the period from October, 1999 to May, 2002. In the application filed before the court below, factum regarding delayed deposit of ESI contribution was not disputed. Challenge was sought to be made on account of error in calculation of interest. However, before the court below, it could not be pointed out as to how the calculation of interest was wrong. No evidence was led in support of the plea that the appellant-company was in financial difficulty. The authorised signatory of the company, who had filed application before the court below, did not appear for getting his statement recorded. Once delayed deposit of ESI contribution by the appellant is not disputed and no case was made out in support of the plea that calculation of interest was wrong, demand of interest for the period of FAO No. 900 of 2011 [2] delay is totally justified, as the same is merely compensatory in nature. Accordingly, the appeal is dismissed. Consequently, the accompanying applications are also dismissed. (Rajesh Bindal) Judge 6.4.2011 mk