Supreme Court · 1971 INSC 242 · Decided 9 September 1971
J. K. Synthetics LTD. v. J. K. Synthetics Mazdoor Union
- Court
- Supreme Court of India
- Citation
- 1971 INSC 242 · [1972] 1 S.C.R. 651
- Case number
- CIVIL APPEAL No. 1675/1970
- Decided
- 9 September 1971
- Bench
- C.A. VAIDYIALINGAM, P. JAGANMOHAN REDDY (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
F G H J. K. SYNTHETICS LTD. v. J. K. SYNTHETICS MAZDOOR UNION September 9, 1971 65I lC. A. VAIDIALINGAM AND P. JAGANMOHAN REDDY, JJ.J Bonus-When dividends on shares are extraneous inconie for the purpose of pay111ent of Bonus Act, 1965-The principle for determining the sha1e rt'qriired for during the year, did not pay any bonus to the workers; hut only a gratuity of one month was paid to them. According to revised returns filed by the workers, there was an available surplus of Rs. 5.34 lakhs: hut according to the n1anagemcnt, there was a deficit. There were two main points of
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