Haryana State Co.Op. Land Devpt.Bank ... vs Haryana State Co.Op Land Devpt.Banks ...

The Supreme Court addressed the entitlement of employees of Primary Agricultural Cooperative Banks to bonuses equivalent to those received by employees of the Apex Bank under the Haryana Cooperative Society Act, 1984 and the Payment of Bonus Act, 1965. The Court held that the High Court erred in applying Rule 21 of the Act, which was deemed to have an overriding effect, without considering the third proviso to Section 34 of the Act that stipulates minimum bonus conditions. The judgment of the High Court was set aside, affirming that the Primary Banks are distinct entities and not required to pay bonuses at the same rate as the Apex Bank employees.