KHANDESH SPG. & WVG. MILLS CO. LTD. vs THE RASHTRIYA GIRNI KAMGAR SANGH,JALGAON

The Supreme Court held that in determining the surplus for bonus payments under the Full Bench formula, the Industrial Court correctly allowed statutory depreciation but did not credit the rehabilitation amount claimed, as the appellant failed to prove that reserves were used as working capital. The Court emphasized the need for clear proof regarding rehabilitation costs and the importance of allowing labor to contest employer claims. The appeal was dismissed, affirming the Industrial Court's decision.