Supreme Court · 2012 INSC 619 · Decided 14 December 2012
Y.K. Singla v. Punjab National Bank & ORS.
- Court
- Supreme Court of India
- Citation
- 2012 INSC 619 · [2012] 13 S.C.R. 1189
- Case number
- CIVIL APPEAL No. 9087/2012
- Decided
- 14 December 2012
- Bench
- B.S. CHAUHAN, J.S. KHEHAR (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
Headnote
Payment of Gratuity Act, 1972 - ss. 7 (3A), 4(5) and 14 A B - Withheld gratuity - Interest on - Entitlement - Criminal c proceedings pending against Bank employee - In the meantime retirement of the employee on superannuation - Gratuity withheld -, Subsequently acquittal of the employee - Gratuity granted from the date of the judgment of acquittal@ 5.5% - Employee's claim for the 0 interest from the date of his retirement - Held: Interest on withheld gratuity is permissible uls. 7(3A) - The Pension Regulations, 1995 which were adopted by the employer, whereby interest on account of delayed
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