Supreme Court of India
V.M. Gadre v. M.G. Diwan
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
What the Court ordered
We are of the opinion that Scheme 'A' gives only a marginal benefit to the pensioners at the levels H 490 SUPREME COURT REPORTS [1996]3 S.C.R. A below the minimum.
Judgment, page 10
From the headnote
Life Insurance Corporation Act 1956-Ss. 8(1), 8(3) r/w Pension Fund Rules, Rules JO, 11 and 24-Life Insurance Corporation (LIC) taking over management of Pension Fund of employees of Oriental Government Security Life Assurance Company upon nationalisation--Periodic increase in pension amounts stopped since 1984-Supreme Court by interim orders directing min imum pension of Rs. 375--Petitioners claiming revision of pension consistent with increased cost of livin~Held, as a one-time. final measure Scheme ' ' worked out by LIC under which minimum pension worked out to Rs. 575
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