Supreme Court of India
Bank of India & Anr. v. K. Mohandas & Ors.
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.
9 Supreme Court benches have cited this judgment.
What the Court ordered
The result of the foregoing discussion is that the appeals preferred by the banks must fail and are dismissed while the appeals of the employees deserve to be allowed and are allowed accordingly. The respective banks shall now recalculate, within one month from today, the pension payable to the concerned employees by giving them the benefit of Regulation 29(5). However, the employees shall not be entitled to interest on unpaid pension. The pending applications in these appeals stand disposed of. The parties shall bear their own costs.
Judgment, Para 56
From the headnote
Pension Regulations, 1995: Regulation 28, 29(5) - VRS 2000 - Bank employees - Optees of voluntary retirement under VRS 2000 having completed 20 years of services of appellants-Banks are entitled to addition of five years of notional service in calculating the length of service for the purpose of said scheme as per Regulation 29(5) - Special benefit under Regulation 29(5) available to employees who completed 20 years of service or more, cannot be said to be discriminatory to those employees who completed 15 years of service but not completed 20 years - Service law - Voluntary retirement.
Authorities it was built on
Where later benches applied it
- 2020 Assistant General Manager, State Bank of India & Ors. v. Radhey Shyam Pandey
- 2018 Transmission Corporation of Andhra Pradesh Ltd. and Others v. M/s. Gmr Vemagiri Power Generation Ltd. and Another
- 2014 Dinubhai Boghabhai Solanki v. State of Gujarat & Ors.
- 2020 The State of Madhya Pradesh & Anr. v. U.P. State Bridge Corporation Ltd.& Anr.
- 2019 Central Bank of India & Ors. v. Tara Chand
- 2016 Senior Divisional Commercial Manager & Ors v. S.C.R. Caterers, Dry Fruits, Fruit Juice Stalls Welfare Association & Anr.
- 2023 Cox and Kings Ltd. v. Sap India Pvt. Ltd. & Anr.
- 2014 State Bank of Patiala v. Pritam Singh Bedi & Ors.
- 2012 Rashtriya Ispat Nigam Ltd. v. M/s. Dewan Chand Ram Saran
Of those, 3 relied on · 2 distinguished · 3 referred to · 1 mentioned
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