U.P. ELECTRICITY SUPPLY CO. LTD. vs WORKMEN & ORS.

The Supreme Court held that under Section 4K of the U.P. Industrial Disputes Act, 1947, the Tribunal erred in awarding bonus to workers after the compulsory acquisition of the appellant's undertaking. The Court established that disputes regarding past benefits, such as bonus claims, should be adjudicated even if the industry ceases to function. The appeal was allowed, and the Tribunal's decision to grant bonus was overturned, emphasizing that the Tribunal must base its decisions on accurate financial evidence presented during proceedings.