Supreme Court · 2003 INSC 732 · Decided 18 December 2003

Haryana State Cooperative Land Development Bank LTD v. Haryana State Cooperative Land Development Banks Employees Union and ANR.

Court
Supreme Court of India
Citation
2003 INSC 732 · [2003] SUPP. 6 S.C.R. 1039
Case number
CIVIL APPEAL No. 10091/2003
Decided
18 December 2003
Bench
DORAISWAMY RAJU, ARIJIT PASAYAT (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
Companies Act

Headnote

Service Law : Haryana Cooperative Society Act, 1984-Sections 3 proviso thereto, A B c 10, 34 third proviso thereto-Rules fiwned under the Act-Rule 21- Bonus-Payment of-To the employees of Primary Bank at parity with employees of Apex State Bank-Apex Bank transacted its Banks-Primary Banks maintaining their separate accounts-At D the relevant time concerned Primary Bank incurring a loss and had no allocable surplus-Held: Employees of Primary Bank not entitled to bonus at parity with employees of Apex Bank as Primary Banks have independent c01porate

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