https://www.taxtmi.com/caselaws?id=291977 Gratuity becomes payable on termination of employment, including resignation, under the Payment of Gratuity Act, 1972. Where an employee resigned before the appointed day on which management of a textile undertaking vested in the Central Government and was later transferred, the liability had already accrued against the original textile company. Section 3(7) of the Textile Undertakings (Take Over of Management) Act, 1983 preserves pre-appointed-day liabilities against the textile company, and that liability is not shifted to the Central Government, the Custodian, or the National Textiles Corporation. Section 6(1) does not curtail that effect, and the Preamble cannot override clear statutory language. en-us Fri, 24 Nov 1995 00:00:00 +0530 Thu, 03 Dec 2020 10:11:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291977 Gratuity becomes payable on termination of employment, including resignation, under the Payment of Gratuity Act, 1972. Where an employee resigned before the appointed day on which management of a textile undertaking vested in the Central Government and was later transferred, the liability had already accrued against the original textile company. Section 3(7) of the Textile Undertakings (Take Over of Management) Act, 1983 preserves pre-appointed-day liabilities against the textile company, and that liability is not shifted to the Central Government, the Custodian, or the National Textiles Corporation. Section 6(1) does not curtail that effect, and the Preamble cannot override clear statutory language. Case-Laws Indian Laws Fri, 24 Nov 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291977