Which one of the following statements is true under the Payment of Gratuity Act, 1972

(A) Gratuity is payable only to the employee himself

(B) The maximum amount of gratuity allowed under the Act is ₹3.5 lakh

(C) An employee is not required to make nomination

(D) An employer has the right of forfeiture of gratuity, but the right of forfeiture of gratuity is limited to the extent of damage.