IN THE HIGH COURT OF KERALA AT ERNAKULAM
T.R. RAVI, J
K.S. RADHAKRISHNAN – Appellant
Versus
PEERMADU TALUK CO-OPERATIVE AGRICULTURAL AND RURAL DEVELOPMENT BANK LTD – Respondent
| Table of Content |
|---|
| 1. the petitioner seeks to quash extant decisions for full gratuity. (Para 1) |
| 2. the statutory ceiling on gratuity payments is defined. (Para 2) |
| 3. previous case law indicates that increased amounts should be paid to employees. (Para 3) |
JUDGMENT
The prayers in the writ petition are to quash Exts.P2 and P4 and to declare that the petitioner is entitled to get the full amount received by the Bank from the 2nd respondent towards the gratuity of the petitioner.
2. The 1st respondent Bank has filed a counter affidavit wherein it is stated that the Payment of Gratuity Act , 1972 establishes a statutory ceiling of Rs.20 lakhs for gratuity payments and as such a retired employee is entitled only to the legally prescribed amount, irrespective of whether any additional sum was received by the bank from the LIC Group Gratuity Scheme. The 2nd respondent Insurance Company has filed a counter affidavit stating that an amount of Rs.29,71,015/- has been made over to the 1st respondent towards gratuity payment of the petitioner. Admittedly, only ₹20,00,000/- has been paid by the 1st respondent to the petitioner out of the said amount.
3. The issue involved is no longer res integra. A Fu
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