THE TINNEVELLY-TUTICORIN ELECTRICSUPPLY CO. LTD., vs ITS WORKMEN

The Supreme Court held that the Full Bench formula for calculating bonus is applicable to workmen in electricity undertakings, despite the Electricity Supply Act, 1948 being a self-contained code. The Court emphasized that the principles of industrial adjudication and the provisions of the Act operate in different spheres, allowing for the application of the Full Bench formula to ensure social justice for workmen. The Court upheld the Labour Appellate Tribunal's decision, affirming that the calculation of bonus should be based on the profit and loss account as per the Companies Act, rather than the accounting method prescribed by the Electricity Supply Act.