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Supreme Court Upholds RBI Circular Denying Arrears of Pension from Date of Retirement in Pension Option Case. Prospective Pension from July 1, 2020, Upheld as Valid Exercise of Employer's Discretion.

The Reserve Bank of India (RBI) appealed against a Division Bench judgment of the Kerala High Court that had dismissed its appeal against a Single Jud...

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Supreme Court Upholds Expulsion of Trading Member for Violating Gross Exposure Limits and Failing to Maintain Capital Adequacy. Securities Contracts (Regulation) Act, 1956 - Section 22F - Appeal against Securities Appellate Tribunal order upholding expulsion from National Stock Exchange membership.

The appellant, Rusoday Securities Ltd., was a trading member of the National Stock Exchange of India Ltd. (NSE) since November 1994 and gave an undert...

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Bombay High Court Upholds Compensation Over Reinstatement for Teacher in Illegal Termination Case. Appointment Without Approval Renders Reinstatement Inappropriate; Section 11(2)(e) of MEPS Act Applied for Six Months' Salary Compensation.

The petitioner, Shri Charudatta Ramchandra Bagadi, was employed as a teacher at Bramhaling Vidyalaya Hajgoli, a school run by Respondent No.1 (Shetkar...

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High Court of Karnataka Allows Substitution of Arbitrator in CPWD Contract Dispute, Holding Retired Departmental Officers Ineligible Under Amended Arbitration Act. Court Appoints Former Judge as Sole Arbitrator to Resolve Multiple Contractual Disputes Arising from Six Construction Agreements.

The dispute arose from six separate construction contracts awarded by the Central Public Works Department (CPWD) to M/s Sri Krishna Shelters Pvt. Ltd....

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High Court of Karnataka Examines Ineligibility of Retired CPWD Officers as Arbitrators under Section 12(5) of Arbitration Act. Appointment of Retired Additional Director General of CPWD as Arbitrator Without Contractor's Consent Violates Seventh Schedule and Mandates Express Agreement Post-Dispute.

The petitioner, a construction company, entered into six separate agreements with the Central Public Works Department (CPWD) for various construction ...

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Supreme Court Allows Writ Petition for Counting Pre-2000 Service for Pension of Supreme Court Legal Services Committee Employees. Service rendered prior to formal rules is qualifying service for pension due to continuity and uninterrupted employment.

The petitioners, serving and retired employees of the Supreme Court Legal Services Committee, filed a writ petition seeking counting of their entire s...