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1 - 10 of 11 (0.29 seconds)Section 4 in THE PAYMENT OF GRATUITY ACT, 1972 [Entire Act]
Section 3 in THE PAYMENT OF GRATUITY ACT, 1972 [Entire Act]
Section 7 in THE PAYMENT OF GRATUITY ACT, 1972 [Entire Act]
THE REGIONAL RURAL BANKS ACT, 1976
Section 2 in THE PAYMENT OF GRATUITY ACT, 1972 [Entire Act]
Section 9 in THE PAYMENT OF GRATUITY ACT, 1972 [Entire Act]
Section 14 in THE PAYMENT OF GRATUITY ACT, 1972 [Entire Act]
Section 8 in THE PAYMENT OF GRATUITY ACT, 1972 [Entire Act]
Beed District Central Co-Operative ... vs State Of Maharashtra And Ors on 29 September, 2006
There is no such ceiling prescribed under the
regulations. However, the regulations have other inherent
limitations in computation of gratuity such as the gratuity
computation would not exceed 15 months' salary upto 30 years of
service, after which an additional benefit of half month's salary
would be added to the payable gratuity. The employee, therefore,
can claim gratuity either under the Act of 1972 or under the
regulations framed by the bank, but cannot claim the benefit
under both the statutes. Though, reference to no authorities is
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(65 of 70) [SAW-561/2020]
needed for this purpose, as correctly pointed out by the counsel
for the bank, this has been held by the Supreme Court in clear
terms in the case of Beed District Central Cooperative Bank
Ltd. vs. State of Maharashtra [(2006) 8 SCC 514].