JUDGMENT :

Goutam Bhaduri, J.

Heard.

1. The present appeal is against the Order dated 23.07.2016 passed by the Employees Insurance Court-cum-Labour Court No. 2), Raipur (C.G.) wherein, the recovery for contribution of Rs. 3,91,081+ Rs. 4,94,679/- and Rs. 1,54,58,216/- totaling to Rs. 1,63,43,976/- for the period of 16.08.1995 to 31.07.2001 was asked for. According to the appellant, it acquired a unit of Rajesh Strips which was declared sick and was under Board of Industrial and Financial Reconstruction (BIFR).

2. The appellant contended that by an order dated 17.09.2001 of BIFR, the erstwhile Rajesh Strips was declared sick under Section 3 (1) of the Sick Industrial Companies (Special Provisions Act, 1985) and IDBI was appointed as a operative agency for revival. The appellant contended that they had taken one unit on rent and that unit was being run by the Abhishek Steel Industries. It is stated that the appellant company started on 01.09.2004 and sought for new code to make its contribution under the Employee State Insurance Act, 1948. According to the appellant, they were not provided with any fresh code number and consequently they continued to make their contribution under the old