M/S. Goetze (India) Ltd vs Employees State Insurance Corporation

The Supreme Court upheld the dismissal of the appellant's writ petition by the Punjab and Haryana High Court regarding the demand for interest on contributions under the Employees State Insurance Act, 1948. The Court clarified that the eligibility for 'efficiency bonus' does not exempt the appellant from statutory interest obligations as per Section 39 of the Act. The Court emphasized that a compromise to waive statutory interest is not permissible, affirming the High Court's ruling that the demand for interest was valid and enforceable.