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 What would happen if a company suffers lo...

 What would happen if a company suffers loss and could not pay even a minimum bonus?

 What would happen if a company suffers loss and could not pay even a minimum bonus?

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Jeeba Aug. 03, 2018

Section 15 of The Payment of Bonus Act states that where for any year if a company does not have any allocable surplus to pay minimum bonus, it shall be carried forward for being set off in the succeeding accounting year

 What would happen if a company suffers loss and could not pay even a minimum bonus?

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