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Trust is registered under BPT act 1950, in the state of maharashtra.
Trust is running charitable hospital.
Whether the payment of Bonus Act is applicable to trust
In earlier year trust had made Bonus payment to its employees.
It had incurred losses in F Y 2012-13.
Whether the trust is liable to pay the bonus to its employee for F Y 2012-13
If yes then at what Rate or percentage.
Can any body guide us
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Supreme court case law is applicable to all over India.Whether highcourt case laws applicable to all over india..? If not, shall we follow other state high court in another state.? Is there any problem in this regard eventhough another state not having judgements nature like other state? ?. Thanks in advance.
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Dear Members,
Please tell me the procedure to register as attorney(practicing advocate)in trademark website.
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Dear all,
if company declare dividend amount then is it compulsory to first transfer dividend amouont to special accouont or we can direct pay from our normal operating account of company ?
Thanks in advance
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Hi,
If a Private Ltd Company follows a calender year (Jan-Dec) to calculate bonus.
And, further it pays that bonus in the following year (in the month of March with March's salary). The policy of the company states that if an employee is present till 31 March (on bonus payment date) will only get bonus for the said period (Jan-Dec - previous year) and if he doesn't then he will not get it. Even, if an employee leaves the company on 25 March then also he is not eligible to get the same for the period (Jan - Dec).
However, please advice if this is correct and such policies can be in force and if not then can an employee has any scope to challenge this?.
Could someone please advice on this.
Thanks.
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