Hi,
I would like to know who all are entitled the above said PF, Gratutity,Group insurance amount and paid leave.
Shweta (Housewife) 24 December 2014
Hi,
Karthikeyan (Manager) 24 December 2014
Karthikeyan (Manager) 24 December 2014
Kumar Doab (FIN) 24 December 2014
The company can discharge its responsibility by paying/attesting the forms for the payment to the nominated person ............however the nominee is just a trustee and has to distribute the proceeds to the sucessors/ClassI legal heir(s).......................that is mother/spouse/children....in equal share.....
The proceeds in FnF amounts/Company Group Insurance policy can be paid to ClassI legal heir...........
For simplicity company may ask the family to submit a declaration signed by all ClassI legal heir(s) and pay accordingly.................
Shweta (Housewife) 24 December 2014
Thanks Sir . Wether Hindu sucession act will be applicable to the service benefits.? Gratuity Act, Provident fund act will not be applicable?. and what if the parents are not dependent ?
Thanks,
Shwetha
Kumar Doab (FIN) 24 December 2014
https://indiankanoon.org/doc/60917043/
54. As stated supra, retiral benefits ........................ As this Court has held that the........ the surviving legal heirs, as per the law of succession, alone are entitled to receive the terminal benefits
Shweta (Housewife) 24 December 2014
Thanks again. I just got one more case(please find below link) while reading the above said judgment. I am confused about how exactly the law is applicable. which case will be considered and on what bases.
please help me to understand.
https://indiankanoon.org/doc/1503115/
Kumar Doab (FIN) 25 December 2014