Bonus - Law Dictionary Search Results
Judex bonus nihil ex arbitrio suo faciat, nec pro-positione domestica voluntatis, sed juxta leges et jura pronunciet
Matched in: Term Judex bonus nihil ex arbitrio suo faciat, nec pro-positione domestica voluntatis, sed juxta leges et jura pronunciet
Wages
it has to be understood as salary, K.V.V. Sharma (in re), (1952) 2 Mad LJ 917. Includes any bonus or other additional remunera-tion etc., and any sum 'payable to such person by reason of the termination of
Salary or wages
any service or of any concessional supply of foodgrains or other articles. (iii) any travelling concession; (iv) any bonus (including incentive, production and attendance bonus); (v) any contribution paid or payable by the employer to any pension
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Inconsistent
or abandonment of the other'. So we have to see whether mutual co-existence between s. 34 of the Bonus Act and s. 3(b) of the U.P. Act is impossible. If they relate to the same subject-matter, to
Body corporate established by any law
have been deliberately used. While all companies and corporations, as defined in the Act are liable to pay bonus, the intention seems to be that only subsidies paid by body corporate established by any law, should be
Be capitalised and distributed
hereby capitalised and distributed'. In fact the whole tenor of the resolution shows that the distribution of the bonus shares became effective as from 30th Dec., 1954. If the ordinary shareholders became the owners of the bonus
Employee
or clerical work for hire or reward, whether the terms of employment be express or implied. [Payment of Bonus Act, 1965 (21 of 1965), s. 2 (13)] Means any person who is employed for wages in any
Year accounting
Year accounting, s. 2 of the Payment of Bonus Act, 1965 defines accounting year, Binny Ltd. v. Their Workmen, AIR 1973 SC 353: (1974) 3 SCC 27:
Working days in any accounting year
Gwalior Sugar Co. Ltd., AIR 1985 SC 758: (1985) 2 SCC 134: (1985) 2 SCR 958. [Payment of Bonus Act (21 of 1968), ss. 10, 13]
Wages, salaries and other dues of the employees
other dues of the employees, expression 'wages, salaries and other dues of the employees' in s. 5(2) includes bonus, Rashtriya Mill Mazdoor Sangh v. Model Mills, AIR 1984 SC 1813: (1984) Supp SCC 443: (1985) 1 SCR
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