Supreme Court of India
Workmen of Assam Co. v. Assam Co. Ltd.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
From the headnote
Industrial Dispute-Bonus-Formula applicable to tea industry • -Deductions allowable for ret·urn on capital and on reserves-" Unit Scheme" of payment of bonus, if siiitable . The appellants claimed bonus for the years 1950, 1951 and 1952 at the rate of six months' wages per year. The Industrial Tribunal to which the dispute was referred allowed, in calculating the surplus available for payment of bonus, inter alia return on paid up capital and on the reserves at 7% and 5% respectively and accepted the "unit ~cheme" of payment of bonus which the company had been following since 1926. Under this
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