Supreme Court Dismisses Bank's Appeal, Holds Gratuity Payable under Cooperative Bank's Rules Despite Non-Approval of Rule 6. Rule 7, which was approved, independently imposes obligation to pay gratuity on retirement, irrespective of non-approval of Rule 6, under the Maharashtra Co-operative Societies Act, 1960.
3 Sep 1969An employee of the Jalgaon District Central Co-operative Bank Ltd. retired on July 19, 1962 after 32 years of service. The bank had framed Gratuity Fu...
