When is a new company entitled to pay bonus?

ANILN.SHARMA611
Dear Seniors, Let me know about new company when entitled to pay bonus.
girishvivalkar979
Hi,
Applicability of Act -
Every factory where in 10 or more persons are employed with the aid of power or an establishment in which 20 or more persons are employed without the aid of power on any day during an accounting year.
Regards,
Girish Vivalkar
Indian Labour Law and Human Resource by GIRISH JAYRAM VIVALKAR
B.Com, LLM, DCL, IPRL, M & A, DHRM,
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