Dear All,
I can see may HR faternity posting 5 years is the minimum eligibility for Gratuity. This message is for those who has just referred the books on Gratuity / Bare Acts etc.
Refer the below ruling in the Honourable court of Madras High Court
Mettur Beardsell Ltd. (represented by its Personnel Manager Vs. Regional Labour Commissioner (Central Authority under the Payment of Gratuity Act, 1972), Madras, 1998 LLR 1072 (Mad. HC)
Any employee who has completed 4 years of continuous services and 240 days in fifth year is to be considered as 5 years of service for calculating Gratuity. As per Section 2 A of the Payment of Gratuity Act, 240 days continuous services has to be considered a year's service.
Rgds,
Suresh Ramalingam, B.A., B.L., M.L.M.,
Manager - Compliance