Case Law Analysis
|Punjab and Haryana High Court
Section 4(1) Payment of Gratuity Act | 18% Interest Mandatory for Delayed Gratuity Payments : Punjab & Haryana HC
Punjab & Haryana High Court reaffirms that retired employees are entitled to 18% interest on delayed gratuity payments, holding the State liable for compensating financial losses due to administrative delays. The ruling underscores the State’s obligation to disburse pensionary benefits within a reasonable timeframe, failing which interest at a penal rate becomes payable.