If the bonus has not been paid by a private co. for last three years, then where should the amount of unpaid bonus be transferred.Is it Labour welfare Comissioner A/c?
Priya Sharma (Company Secretary & Student.MBA) (998 Points)
09 July 2010If the bonus has not been paid by a private co. for last three years, then where should the amount of unpaid bonus be transferred.Is it Labour welfare Comissioner A/c?
SACHIN garg
(ca )
(181 Points)
Replied 07 May 2011
the amount shall be tranferred to labour welfare fund of state govt & company is not entitledto retain it
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