retired employees to
receive excess gratuity amount above the ceiling limit by
the Life Insurance Corporation (LIC) to the employer
societies under ... from the
LIC, under the arrangement made between the employer
society and LIC in terms of the Group Gratuity Scheme,
then
made between the
employer Co-operative Bank and the LIC for payment of gratuity, and as
to whether the arrangement was for payment ... Central Payment of Gratuity Act
is paid by the LIC to the employer Bank for ensuring the payment of
gratuity by the employer
made between the
employer Co-operative Bank and the LIC for payment of gratuity, and as
to whether the arrangement was for payment ... Central Payment of Gratuity Act
is paid by the LIC to the employer Bank for ensuring the payment of
gratuity by the employer
gratuity payment is
regulated on the basis of an arrangement made by the 1 st respondent
co-operative society bank with the Life Insurance Corporation ... letter dated 19.8.2021 issued by the LIC of India that the gratuity
amount released by them to the 1 st respondent bank
said arrangement made between the
3rd respondent and the LIC of India, the gratuity payable is only in terms of
the ceiling limit ... operative society
employees in those cases with the LIC of India, the gratuity amount that
was payable by the LIC
Abraham P.Meachinkara,
learned Standing Counsel for the Life Insurance Corporation (LIC)
W.A Nos.437 & 439 of 2021
4
appearing ... Payment of Gratuity Act, 1972, the provision for ceiling limit of
gratuity made in sub-section (3) of Sec.4 will not apply and
detrimentally
exact amounts received by them from the LIC in
relation to the gratuity account of the three writ petitioners herein
and whether ... employer in respect of the gratuity liability of
the society towards each employee, taken over by the LIC in full,
without withholding
above said statement filed by the respondent LIC. The
respondent LIC may also furnish instructions to the learned Standing
Counsel ... amounts were paid by the
employer Bank to the LIC, for payment of gratuity above the ceiling
limit, in the cases of these
arrangement made by the employer with the LIC
for payment of gratuity, which has been produced as Ext.R1(a) along with ... norms/agreement as
between the employer and the LIC that govern the payment of gratuity of these
appellants and should also apprise this
2022, as to how the respondent-LIC has
computed the gratuity amounts in terms of the master policy rules and norms ... Bank have made claim for the differential gratuity amount, which has
already been released by the respondent-LIC, etc. and that the amounts
