Interim Stay on retrospective amendment of Payment of
Bonus Act, 1965
This act was
notified on January 1, 2016 with retrospective from 01st April 2014 and is
applicable to all Businesses covered under Payment of Bonus Act 1965.
The Karnataka Employers’ Association
and the United Planters' Association of Southern India
(UPASI) has filed a petition before the High Court of Karnataka and High Court
of Kerala, respectively,on the retrospective operation of the Payment of Bonus (Amendment)
Act 2015.
High court of Karnataka:
The court has passed an interim
order on the petition filed by the petitioner, Karnataka Employers’ Association. However, the court allowed implementation of the new
Act from 2015-16 subject to final outcome of the petition.
High court
of Kerala:
The court
has passed an interim order on the petition filed by the petitioner United
Planters' Association of Southern India (UPASI),stating the amendment to
the extent it gives retrospective effect from April 1, 2014 is hereby stayed,
pending disposal of the writ petition.
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