I think the Employer may not supply Bonus after an employee resigned because the Bonus Act is not Strong enough...
The reasons are:
1 Contravenes of any provision of the Act - Employer would be punished with imprisonment upto 6 months, or with fine upto Rs.1000 or with both.
This Basically No employee willing to do...
2.If any bonus is due to an employee under a settlement, award or agreement, he can make an application for its recovery to the Government and the Government may issue a certificate to the Collector to recover the same as an arrear of land revenue.
Employer typically not include the Bonus in any agreement,or even it would not be included in the CTC
So, although he is eligible for Bonus, the employee can't claim and recover as per Act...
These are the Reasons why some employers not giving Bonus to the resigned employees!!
Are my Points Correct?