Law: Companies Profits (Workers' Participation) Act (XII of 1968)

Section: 3, 5

Constitutional Petition No. 1342 of 1978, decided on 19th September, 1985.

 Workers Welfare Fund Ordinance (XXXVI of 1971)-- ---

S.3--Companies Profits (Workers' Participation) Act (XII of 1968), Ss.3. 5 & Sched. [as amended by Ordinance IX of 1972 dated 13-4-1972), para. 4(d) ]--Amendment--Retrospective effect--Workers' Participation Fund--Transfer to Workers' Welfare Fund--Transfer of Workers Participation Fund which existed before amendment, held, was completely uncalled for, unjustified and without lawful authority amendment being only prospective and could not be given retrospective effect.