Marathwada Gramin Bk.Karmch.Sangtn.& ... vs Mangt.Of Marathwada Gramin Bank & Ors

The Supreme Court upheld the decision of the Central Government Industrial Tribunal, emphasizing that under Section 12 of the Employees Provident Fund and Miscellaneous Provisions Act, 1952, an employer cannot reduce the benefits provided to employees under the provident fund scheme. The Court ruled that the Marathwada Gramin Bank's attempt to discontinue excess contributions was impermissible, reinforcing the statutory obligation to maintain employee benefits. Consequently, the bank was directed to continue providing contributions without any wage ceiling, affirming the Tribunal's order.