Shiv Kumar Sharma v. The Central Bank of India
Case brief
What is this about?
Bench directed bank to pay statutory interest on Rs. 45,373/- gratuity balance received but delayed, awarding 6-week compliance period.
What did the court decide?
Deposit of statutory interest on Rs. 45,373/- received in bank from 02.01.2013 date of receipt until actual payment made within 6 weeks.