https://www.taxtmi.com/caselaws?id=300916 Under section 20(2) of the Industrial Disputes (Appellate Tribunal) Act, 1950, the monetary value of reinstatement is to be computed as a realistic estimate of the benefit of continued employment, not as damages for breach of contract, wrongful dismissal, or breach of statutory duty. The assessment must reflect the actual worth of reinstatement from the date of the award and take account of relevant contingencies, including service conditions, tenure, and the possibility of termination, retrenchment, resignation, or retirement. The provision therefore converts a non-monetary industrial relief into money by industrial assessment rather than ordinary damages principles. en-us Tue, 17 Sep 1957 00:00:00 +0530 Thu, 03 Mar 2022 14:16:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300916 Under section 20(2) of the Industrial Disputes (Appellate Tribunal) Act, 1950, the monetary value of reinstatement is to be computed as a realistic estimate of the benefit of continued employment, not as damages for breach of contract, wrongful dismissal, or breach of statutory duty. The assessment must reflect the actual worth of reinstatement from the date of the award and take account of relevant contingencies, including service conditions, tenure, and the possibility of termination, retrenchment, resignation, or retirement. The provision therefore converts a non-monetary industrial relief into money by industrial assessment rather than ordinary damages principles. Case-Laws Indian Laws Tue, 17 Sep 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300916