JUDGMENT - C.S. DHARMADHIKARI, J.:---The petitioner No. 1-Co-operative Banks and Societies Employees' Federation, Maharashtra, is a Trade Union registered under the Indian Trade Unions Act, 1926 representing the workmen employed at the head office of the 2nd respondent - Jackson Co-operative Credit Society Ltd. On a dispute being raised by the petitioners, a reference was made by the State Government under section 19(1)(d) read with section 12(5) of the Industrial Dispute Act, 1947, in respect of two demands. The demands included bonus at the rate of 20 % for the years 1975-76, 1976-77 and 1977-78. The second demand was in respect of the provision of the armed escorts, with which we are not concerned in this petition. The parties produced documentary evidence before the Tribunal. The respondent society also raised certain preliminary objections. After appreciating all the evidence on record, the learned Member of the Industrial Tribunal, Bombay, rejected the claim for bonus, though granted demand No. 2 in relation to the provision of armed escorts. It is this part of the award rejecting payment of bonus which is challenged in this right petition.

2. For properly appreciating the c

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