Payment Of Bonus Act, 1965
11. Payment of maximum bonus.—
(1) Where in respect of any accounting year referred to in section 10, the allocable ... lieu of such minimum bonus, be bound to pay to every employee in respect of that accounting year bonus which shall be an amount
Section 15 in The Payment Of Bonus Act, 1965
15. Set on and set off of allocable surplus.—
(1) Where ... accounting year, the allocable surplus exceeds the amount of maximum bonus payable to the employees in the establishment under section 11, then, the excess shall
acknowledged and
recommended that the Plaintiff is entitled to receive the maximum
Bonus of 25% as set out in Schedule 18 of the Contract ... Bonus/2011/248
dated 05.12.2011), the Plaintiff apart from claiming maximum
Bonus for the 42 months, also made a claim towards Bonus
attributable
bonus
quantum" should be abolished and that bonus should be
related to wages and dearness allowance taken together: that
minimum bonus should ... worked for the whole year, and that the maximum bonus should
be equivalent to 20 % of the total basic is wage and
dearness allowance paid
centum of basic wages earned
during the year and the maximum bonus of 25 per centum was
paid, such a mill would be deemed ... part
of the residue of available surplus after grant of maximum
bonus not exceeding 25 per cent. of the basic wages earned
during the year
bonus ( Section 9 ) and the duty of the employer to pay the minimum bonus ( Section 10 ). Section 10 indicates what is "minimum bonus ... bonus ....... subject to a maximum of ......."
Here again, therefore, the duty of the employer to pay the maximum bonus subject to the conditions laid
there was an
excess of allocable surplus over the amount of maximum.
bonus for the accounting years 1964 and 1965, which, by
reason ... accounting year the allocable
surplus exceeds the amount of maximum bonus payable to
the employees in the establishment under sec. 11 , then,
the excess shall
profit or not and the employer is required to pay maximum bonus when there are adequate profits up to the extent of 20 per cent ... accounting year, the allocable surplus exceeds the amount of maximum bonus payable to the employees under section 11 of the Payment of Bonus
management makes profits or not and they can claim the maximum bonus of 20 per cent., if they make out a case in terms ... such is the right conferred on the workmen for minimum and maximum bonus, can that right be taken away all because the workmen happen
bonus under the Payment of Bonus Act, 1965 , which amount represents the allocable surplus calculated under the provisions of the said Act. The maximum bonus ... first question.
4. The Payment of Bonus Act, 1965 , provides for both the minimum bonus and the maximum bonus. The maximum bonus for the relevant
