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The Supreme Court held that Section 10 of the Bonus Act is not ultra vires of Article 19(1)(g) and Article 301 of the Constitution. The Court found the restriction imposed by the Act on employers to pay minimum bonus even in loss years reasonable and in public interest under Articles 19(8) and 302. The Court upheld the High Court's decision and dismissed the appeal, ordering costs of Rs. 2,000 to be paid to respondent No. 2.
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