Supreme Court of India
M/s. Goetze (india) Ltd. v. Employees State Insurance Corporation
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
Employees' State Insurance Act, 1948 c s.45( ) - Employer's contribution - Delayed payment of - Liability of employer to pay interest - Held: Liability to pay interest is statutory- There is no power of waiver- There- fore, any question of compromise or settlement, does not arise-Interest. The demand raised by the respondent-Corporation for contribution under the Employees' State Insurance Act, 1948 on the component of efficiency bonus was chal- lenged by the appellant-employer and ultimately the lat- ter agreed to pay and paid the same. Thereafter the Cor- poration demanded payment of
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