https://www.taxtmi.com/caselaws?id=184128 Retrospective amendment barring customary bonus for employees of the State Bank and allied public sector banks was upheld as a valid exercise of legislative power. The Court held that the legislature did not impermissibly annul a judicial award, but changed the underlying statutory basis by regulating bonus entitlement through a non-obstante clause and limiting payment to what was permissible under the Payment of Bonus Act. Such curative or validating legislation is constitutionally permissible if it stays within legislative competence and does not usurp judicial power. The Court further held that customary bonus is not immune from statutory change and that retrospective alteration of these service conditions did not, by itself, violate constitutional guarantees. en-us Thu, 15 Sep 2005 00:00:00 +0530 Sat, 13 Apr 2024 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184128 Retrospective amendment barring customary bonus for employees of the State Bank and allied public sector banks was upheld as a valid exercise of legislative power. The Court held that the legislature did not impermissibly annul a judicial award, but changed the underlying statutory basis by regulating bonus entitlement through a non-obstante clause and limiting payment to what was permissible under the Payment of Bonus Act. Such curative or validating legislation is constitutionally permissible if it stays within legislative competence and does not usurp judicial power. The Court further held that customary bonus is not immune from statutory change and that retrospective alteration of these service conditions did not, by itself, violate constitutional guarantees. Case-Laws Indian Laws Thu, 15 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184128