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Bombay High Court Allows Employee to Withdraw Voluntary Retirement Application Before Acceptance — Right to Withdraw Subsists Until Communication of Acceptance. Employee's Application for Voluntary Retirement Can Be Withdrawn Before Bank Communicates Acceptance, as Per Settled Law.

The petitioner, Madhusudan Govindrao Trivedi, was employed as an Assistant Cashier with UCO Bank. He applied for voluntary retirement under a scheme d...

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Supreme Court Upholds Union of India in Section 17A Challenge — Prior Approval Requirement for Investigating Public Servants is Constitutionally Valid. Read Down to Mandate Independent Screening; Lokpal to Approve for Covered Public Servants.

The writ petition was filed by the Centre for Public Interest Litigation challenging the constitutional validity of Section 17A of the Prevention of C...

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Supreme Court Dismisses Priest's Appeal in Temple Mismanagement Case, Upholds Deity's Suit for Possession. Suit by Deity Against Person in Management for Mismanagement of Private Trust Not Barred by Section 92 CPC; Court Directs Framing of Scheme Under Order 41 Rule 33 CPC.

The suit was filed in 1947 by the deity Thakur Janki Ballabhji Maharaj, installed in a temple at Brindaban, Uttar Pradesh, acting through its manager ...

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Supreme Court Upholds Validity of Section 17(2)(viii) of Income Tax Act and Rule 3(7)(i) of Income Tax Rules in Bank Employee Loan Perquisite Case. Delegation of Power to Prescribe Fringe Benefits Held Not Excessive and Use of SBI Prime Lending Rate as Benchmark Upheld as Non-Arbitrary.

The Supreme Court, in a common judgment, dismissed appeals filed by staff unions and officers' associations of various banks challenging the constitut...