Question

According to Section 36(1) of the Code on Wages, 2019, what happens if, for any accounting year, the allocable surplus exceeds the amount of maximum bonus payable to the employees in the establishment under Section 26?

A It is forfeited and cannot be carried forward.
B It is carried forward for being set on in the succeeding accounting year.
C It is utilized for the payment of other employee benefits.
D It is distributed among the shareholders of the company.
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