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Interest Act

4 judgments · newest first · showing 1–4

CHARAN SINGHversusBIRLA TEXTILES & ANR.

1988 INSC 256Dismissed

The appellant, a former employee of the respondent firm, resigned in May 1983 and applied for payment of gratuity, which the employer failed to determine. The statutory controlling authority quantified the gratuity at Rs.16,380 and ordered payment of 9% compound interest under Section 8 of the …