What will the fate of unpaid bonus amount

Dear Alok Mukharjee ji,

The unpaid Bonus amount should be remitted to the local Labour Department with the full details of the Employees particulars.

Regards,

PBS KUMAR

It becomes “unpaid accumulations” under the local Labour Welfare Fund Act.  After certain period, it is required to the deposited in the name of "Welfare Commissioner" of the State through local labour authorities along with details of such unpaid accumulations.  This period can vary from one year to three year depending upon the notification made by the State Government.  In Punjab, it is one year after which it has to be deposited with the Welfare Commissioner, Punjab.