record to showing the performance of company
which is a condition precedent for payment of performance
linked incentive of Rs.25,00,000/ per annum ... employee.
18) The financial performance of the company is also
another criteria for grant of performance linked incentive.
R.W.1 in para
suits for
Declaration and Mandatory Injunction for grant of
increments and Performance Linked Incentives under the
National Housing Bank Act, 1987 read with National
Housing ... further submitted that plaintiff has been denied the
benefit of Performance Linked Incentives to which he is
entitled in terms of the Regulations
Radius Synergies Pvt. Ltd. Page No. 8 of 54
annual performance linked incentive for the period be-
tween August 2013 to July ... spells
out the criteria for ascertaining and determining the
Annual Performance Incentive. The incentive linked
with Performance cannot be claimed as a matter of
right
incentives would be made on the basis of the performance
score and the performance linked incentive will be paid out in the
month of June ... following the close of the performance year.
1.7. The plaintiff received the performance linked incentive for 37 days
of service in 2014-2015. There
towards Annual
Increment and Rs.10,59,020 towards
Performance Linked Incentive; total of
Rs.21,14,746 in terms of its Paras ... Company (CTC) and amongst other
components of CTC, two components being performance linked
incentive and annual increments were denied to the petitioner for
the part
Scale III during 2009. During 2009-10, a new
scheme called Performance Linked Incentive (for
short 'PLI') Scheme was formulated and
promulgated ... performance of the
Regional Office at Kochi where the petitioner was
working, the petitioner was awarded the
Performance Linked Incentive payment for the year
lakhs per annum was
deemed to be a performance linked incentive, based on
4 O.S.No.2267/2023
performance output. Even though the plaintiff ... further compensate amount on performance basis.
The payment of compensation of Rs.25,50,000/- per annum as
performance linked incentives, based on the performance
were part of the gross salary and was also not given
performance linked incentive. The plaintiff has accordingly
submitted that he is entitled to receive ... days Rs. 28391
Salary paid: Rs. 32314(Given by Co.)
+ Performance Linked Incentive Rs. 126000
Net Payable Rs. 251077
Version of the defendants
energy efficient Rural Mobile Communication
Technology. The plaintiff was entitled to Performance Linked
Incentive (PLI) which was not cleared on time. As per e-mail ... been
established and so, the claim is declined.
B) Performance Linked Incentive for the period October,
2008 to March 2009, April 2009 to September
along with additional incentive; that the plaintiff
was also promised a healthy incentive by way of PLR guidelines
(Performance Linked Reward); that the plaintiff decided ... substantiate his claim
for any outstanding dues including the alleged outstanding
performance linked incentive for the financial year
