Supreme Court of India

M.R. Prabhakar and Others v. Canara Bank and Others

Neutral citation
Reported as [2012] 8 S.C.R. 1072
Bench K.S. Radhakrishnan and Dipak Misra JJ.
Decided 3 October 2012

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.

3 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the view that the appellants have failed to show any pre-existing rights in their favour either in the Statutory SettlemenUJoint Note dated 29.10.1993 or under the C Regulations 1995.

Judgment, page 17

From the headnote

Service Law: c Pension - In lieu of Contributory Provident Fund - Introduced by Banks, pursuant to Statutory Settlement, Joint Note andPension Regulations, 1995- Entitlement to pension to the employees resigning prior to the Settlement and Regulations - Held: Not entitled as they were not covered by the Scheme of pension under the Settlement and the Regulations - They could not establish any pre-existing legal, statutory or fundamental rights to claim the benefits of the Regulations - Canara Bank (Employees') Pension Regulations, 1995 - Regulations 22 and 29. Indian Banks Association,

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