Rule 325 requires trustees, where the employer's trade or undertaking is to be wound up or discontinued, to make satisfactory arrangements for paying gratuity to existing beneficiaries, with the approving authority's prior approval and conditions.
325
Rules 2026 · Rule 325
Arrangements for winding up, etc., of business (approved gratuity fund)
Rules 311-333
The rule. Where the trade or undertaking of the employer is to be wound up or discontinued, the trustees, with the prior approval of and subject to the conditions imposed by the approving authority, make satisfactory arrangements for the payment of gratuity to the existing beneficiaries.