Search Results for "statutory interest"

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High Court Directs State to Complete Land Acquisition and Pay Compensation After 30-Year Delay -- Systemic Negligence in Land Acquisition Process Addressed in Writ Petition

The petitioners, landowners from Beed district, filed a writ petition after their lands were taken into possession in 1996 for a village tank project,...

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Interest on Compensation – Employee’s Compensation Act, 1923 – Statutory Mandate of 12% Interest on Delay – Insurer’s Liability for Payment – Supreme Court Clarifies Position

Employee’s Compensation Act, 1923 – Section 4A(3) – Interest at 12% per annum held to be mandatory on delay in payment of compensation – Insur...

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"Bombay High Court Dismisses B.V. Jewels' Plea, Upholds Interest Demand on Customs Liability" "Customs Act’s interest provisions reaffirmed; liabilities clarified."

Acts and Sections Discussed: Customs Act, 1962: Section 18(3): Interest on final/re-assessment orders. Section 28: Recovery of duties not levie...

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Court rules that pension and retiral benefits cannot be denied to the legal heirs of a deceased employee awaiting caste validity certificate. Family Pension, Retiral Benefits, Caste Validity Certificate, Compassionate Employment, Scheduled Tribe, Maharashtra, Welfare State, Legal Heirs.

Pension and Retiral Benefits Claim for Deceased Employee without Validity CertificateThe court ruled that pensionary benefits and gratuity should be p...

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Pensionary Benefits for Voluntarily Retired Employees Covered Under Grant-in-Aid Institutions. Employees who opt for voluntary retirement are entitled to pensionary benefits if their institution was on a Grant-in-Aid basis at the time of retirement, even if it was non-grant initially.

Rule Made Returnable (Para 1-2) The petitioner, a full-time lecturer in the Agricultural Development Trust, was appointed in 1993. The institut...