M/S. TITAGHUR PAPER MILLS CO. LTD. vs ITS WORKMEN

The Supreme Court held that the Industrial Tribunal had jurisdiction to revise the production bonus scheme, emphasizing that once a scheme is operational, it becomes a term of employment subject to dispute resolution. The Court clarified that production bonuses are not contingent on profits but on production levels, thus allowing for adjustments based on increased output. The Tribunal's revision of the scheme to include additional bonuses for production beyond 36,000 tons was upheld, as there was no prior agreement limiting such adjustments.