Supreme Court · 1967 INSC 264 · Decided 21 November 1967

Workmen of M/S. Hindustan Motors LTD. v. M/S. Hindustan Motors LTD., & ANR.

Court: Supreme Court of India
Citation: 1967 INSC 264 · [1968] 2 S.C.R. 311
Case number: CIVIL APPEAL No. 635/1965
Decided: 21 November 1967
Bench: M. HIDAYATULLAH, VISHISHTHA BHARGAVA, C.A. VAIDYIALINGAM (3-judge bench)
Outcome: Appeal(s) allowed
Case type: Civil
Acts & sections cited: Income Tax Act

Headnote

OF M/S. HINDUSTAN MOTORS LTD. v. M/S. HINDUSTAN MOTORS, LTD., & ANR. Norember 2 ~, 1967 8 !M. HIDAYATULLAH, V. BHARGAVA AND C. A. VAID!ALINGAM, JJ.J c D E F G H Industrial Dispute-Bo1111s-Rehahilitatio11 surpl;1s, calcu/!:1tio11 oj Age of machinery-Multiplier-Deductions to be of the respondent company raised an industrial dispute about bonus claimed by them for the year 1960-61. The Industrial Tribunal applying the Full Bench Formula held that the sum needed for rehabilitation of machinery exceeded the surplus otherwise available and therefore no bonus was payable.

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