Indian Kanoon - Search engine for Indian Law

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

Corporation has, as a matter of practice, been paying bonus to its employees. The bonus to Class I and Class II employees is being paid ... Payment of Bonus Act would not be eligible for payment of bonus but ex-gratia cash payment in lieu of bonus would be made

Corporation has, as a matter of practice, been paying bonus to its employees. The bonus to Class I and Class II employees is being paid ... Payment of Bonus Act would not be eligible for payment of bonus but e ex-gratia cash payment in lieu of bonus would be made