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Bombay High Court Allows Union of India's Writ Petitions Challenging CAT's Decision on Retirement Gratuity Effective Date. Employees Who Retired on 31.03.1995 Are Not Entitled to Revised Gratuity Scheme Effective from 01.04.1995 as Per O.M. Dated 14.07.1995.

The case involved two writ petitions filed by the Union of India against orders of the Central Administrative Tribunal (CAT), Mumbai Bench, which had ...

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Supreme Court Allows IFCI's Appeal Against Retirees' Claim for Enhanced Pension Under VRS-2008. Voluntary Retirement Scheme's Full and Final Settlement Clause Bars Subsequent Claims for Pay Revision Benefits.

The dispute pertains to thirty-one employees of IFCI who voluntarily retired under the Voluntary Retirement Scheme of 2008 (VRS-2008) on 1 February 20...

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Bombay High Court Allows Gratuity Claim of Terminated LIC Employee in Fraud Case, But Denies Pay Revision. Payment of Gratuity Act, 1972 Section 4(6) Requires Termination Order for Forfeiture; Employee Not Entitled to Post-Termination Pay Benefits.

The petitioner, Shivaji Kerba Paikrao, was employed with the Life Insurance Corporation of India (LIC) initially as an Assistant and later as a Higher...

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Bombay High Court Dismisses Petition Challenging LIC's Reduction in Gratuity Fund Policy Surrender Value. LIC's decision to pay 92.5% of cash accumulation upheld as consistent with policy terms and not arbitrary.

The petitioners, trustees of the Godrej & Boyce Manufacturing Company Limited Employees’ Gratuity Trust Fund, had taken out a group gratuity policy ...

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Supreme Court Partially Allows Company's Appeal Against Industrial Tribunal Award – Modifies Gratuity Scheme and Applies Calcutta Medical Scheme; Bonus Remanded. Dispute Over Medical Benefits and Gratuity for Workmen in Madras Region Resolved by Applying Established Principles from Prior Decisions.

The case originated from an industrial dispute between Remington Rand of India Limited and its workmen in the Madras region over demands for revision ...

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Bombay High Court Allows Writ Petition of Retired Teachers' Association for Revision of Pension and Gratuity. Court holds that UGC Regulations 2010 on revision of pay scales and pension are binding on State and aided colleges, and that pensionary benefits must be revised in accordance with UGC scheme.

The petitioner, Association of College and University Superannuated Teachers (Maharashtra), a society registered under the Societies Registration Act,...

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Bombay High Court Dismisses Petition of Retired Employee Seeking Modification of Annuity Option Under Post-Retirement Benefit Scheme. Option Once Exercised Under Super Annuation Benefit Fund Scheme Cannot Be Changed After Retirement, as It Would Affect Contractual Rights of Corporation and LIC.

The petitioner, Avinash Trimbak Namjoshi, was an employee of Indian Oil Corporation Ltd. (Respondent No.1) who joined on 22nd June 1966 and opted for ...