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Articles for Gratuity, search results for bank

Orissa HC: Co-op Bank employees’ gratuity cannot be withheld
1 month, 1 week ago

Orissa HC: Co-op Bank employees’ gratuity cannot be withheld

Deccan Chronicle  

Bhubaneswar: The Orissa High Court ruled that Cuttack Central Cooperative Bank must release the gratuity dues of Sarojini Dei, a retired employee, which had been withheld due to her role as a loan guarantor for two individuals. The judgment came after a similar ruling last month, where the court upheld the release of gratuity dues for another retired CCB employee, …

Gratuity Bank Employees Ccb
Kerala gratuity order to cause irreparable loss: HDFC Bank
1 year, 7 months ago

Kerala gratuity order to cause irreparable loss: HDFC Bank

Live Mint  

India’s largest private lender HDFC Bank Ltd has told a labour appellate authority in Kerala that a recent order to pay higher gratuity to a former employee would cause “irreparable loss, harm and damages" that cannot be quantified. HDFC Bank’s appeal is against an order by Aneish Ravindra, assistant labour commissioner, Ernakulam, acting as the controlling authority under the Payment …

Appeal Gratuity Bank Pay Order Act Hdfc Bank
Forfeiture Of Gratuity Not Automatic On Dismissal From Service, Show Cause Notice To Affected Party Must: Chhattisgarh High Court
2 years, 1 month ago

Forfeiture Of Gratuity Not Automatic On Dismissal From Service, Show Cause Notice To Affected Party Must: Chhattisgarh High Court

Live Law  

The Chhattisgarh High Court has held that in terms of Payment of Gratuity Act, 1972, forfeiture of gratuity is not automatic on dismissal from service. While the Bank conceded that Petitioner is entitled to get provident fund subject to submission of form before the appropriate office, it refused to release gratuity and leave encashment. The bank cited Regulation 72 of …

Court Regulation Gratuity Dismissal Show Cause Notice Bank Service
Forfeiting Gratuity A Yr After Compulsory Retirement An Afterthought: Gujarat HC Orders Payment To Ex-Employee Accused Of Causing Monetary Loss To Bank
2 years, 6 months ago

Forfeiting Gratuity A Yr After Compulsory Retirement An Afterthought: Gujarat HC Orders Payment To Ex-Employee Accused Of Causing Monetary Loss To Bank

Live Law  

The Gujarat High Court recently came to the rescue of a retired Branch Manager, accused by the employer-bank of causing it monetary loss by haphazardly sanctioning loans, and ordered the latter to clear the former's retiral dues.Justice Biren Vaishnav observed that the order forfeiting the Respondent-employee's gratuity was an "afterthought" as the same was issued only after the penalty. The …

Gratuity Bank Order Payment Respondent Branch Manager Compulsory Retirement
Employee Can Claim Gratuity "Either" Under 1972 Act Or The Bank Regulations, Not Under Both Statutes : Rajasthan HC
2 years, 10 months ago

Employee Can Claim Gratuity "Either" Under 1972 Act Or The Bank Regulations, Not Under Both Statutes : Rajasthan HC

Live Law  

The Rajasthan High Court has observed that an employee must receive gratuity, either under the Payment Of Gratuity Act 1972 or under the Regulations framed by the bank, whichever is more beneficial. The employee, therefore, can claim gratuity either under the Act of 1972 or under the regulations framed by the bank, but cannot claim the benefit under both the …

Rajasthan Court Regulations Gratuity Bank Pay Employee