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MOHAMED SALIM   06 July 2019

Entitlement of bonus

Pvt. Ltd Company who has paid bonus for the F.Y 2013-14 and 2014-15, but failed to pay bonus for the F.Y 2015-16 and 2016-17. When I requested to the company managment to pay bonus, in turn, I have been informed that I was not entitled for the bonus due to the following reasons.

1. Company Assests were declared as Non-Performing Assests.

2. Company decleared as Sick Company

3. Economic Laws have been chaned since 2015.

My Gross Salary was Rs.32000/- Per Month ( Basic + Dearness Allowance Comes to Rs.19200)

Am I eligible to claim my bonus.

 



 3 Replies

Shashi Dhara   07 July 2019

Bonus is not right so u cannot claim any bonus as the company is sick.

NRK MURTHY (Manager)     13 July 2019

Dear Sir,

 

Please check your appointment letter.As per bonus act they have to pay the bonus accordingly.

 

 

Murthy

Isaac Gabriel (Advocate)     04 September 2020

Whether the company is coverewd under the bonus Act? If so minimum bonus must be paid.


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