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Bombay High Court Allows Employer's Writ Petition Against Interest on Retrenchment Compensation. Industrial Tribunal's Direction to Pay 12% Interest Set Aside as Employer Had Bona Fide Offered Payment and Amount Was Not Retained, Compliant with Sections 25-F, 25-G, 25-H of Industrial Disputes Act, 1947.

This writ petition arose from an industrial dispute concerning the retrenchment of 43 workmen by M/s. Bombay Film Enterprises Private Limited, a film ...