search this site - type your query and submit

Daily Email Newsletter (Sign-up Free)

Section 8, Payment Of Gratuity Act 1972: Recovery Of Gratuity

Section 8 of the Payment of Gratuity Act, 1972 — 'Recovery of gratuity', reads as follows:

If the amount of gratuity payable under this Act is not paid by the employer, within the prescribed time, to the person entitled thereto, the controlling authority shall, on an application made to it in this behalf by the aggrieved person, issue a certificate for that amount to the Collector, who shall recover the same, together with compound interest thereon at such rate as the Central Government may, by notification, specify, from the date of expiry of the prescribed time, as arrears of land revenue and pay the same to the person entitled thereto:

 Provided that the controlling authority shall, before issuing a certificate under this section, give the employer a reasonable opportunity of showing cause against the issue of such certificate:

 Provided further that the amount of interest payable under this section shall, in no case exceed the amount of gratuity payable under this Act.




Extra Notes for Readers

(1) In the first para of Section 8, the words "at such rate as the Central Government may, by notification, specify" were substituted for the words "at the rate of nine per cent. per annum" by Act 22 of 1987, s. 8, (w.e.f. 1-Oct-1987).

(2) The provisos to Section 8 were inserted by Act 22 of 1987, s. 8, (w.e.f. 1-Oct-1987).





This page was last updated on 29th March 2018.

No comments:

Post a Comment

In comment with "Name/Url" option, only Name is mandatory to be filled.