Supreme Court · 1998 INSC 475 · Decided 10 December 1998
The Maharashtra State Electricity Board v. Maharashtra Veej Mandal Kamgar Sangh and ANR.
- Court
- Supreme Court of India
- Citation
- 1998 INSC 475 · [1998] SUPP. 3 S.C.R. 479
- Case number
- CIVIL APPEAL No. 2765/1987
- Decided
- 10 December 1998
- Bench
- S.B. MAJMUDAR, U.C. BANERJEE (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
Headnote
B Labour Laws: Payment of Bonus Act, 1965-Sections 2(b), 4(b), 5, 6, 8, JO and I I read with Schedules II and Ill-Accounting years 1965-66 to 1969-70- C Allocable surplus-Statutory undertaking other than a banking company­ Computation of gross profits of-Interest on bonds and government loans- under Section 6(a) to (c) & (d) read with Schedule Ill-However, Industrial Tribunal directed to decide whether deductible to determine the net profits as mentioned D at item 1 of Schedule //-Contention regarding determination of net profits although raised for the first time before the
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