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Supreme Court Upholds High Court's Direction to Accept Late Pension Option in Exceptional Circumstances. Bank's Appeal Dismissed as Court Finds Employee's Lack of Knowledge Due to Being Abroad Justifies Condonation of Delay.

The respondent, Janak Raj Sharma, was a Senior Manager at Oriental Bank of Commerce who took voluntary retirement on 15.01.2001. On 23.08.2010, the Ba...

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Supreme Court Upholds Pro-rata Pension for Voluntary Retiree Under Bank's Voluntary Retirement Scheme. Employee with 11 years of service and over 40 years of age held eligible for pension under Regulation 14 of Central Bank of India (Employees') Pension Regulations, 1995.

The case involves an appeal by the Central Bank of India against a judgment of the Rajasthan High Court which allowed the writ petition of the respond...

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Supreme Court Allows FCI Appeal in Appointment Dispute Over Experience Certificate Requirement. The Court held that essential eligibility criteria must be strictly complied with and subsequent production of certificates cannot cure initial deficiency.

The case involves an appeal by the Food Corporation of India (FCI) against a Division Bench judgment of the Delhi High Court that directed FCI to appo...

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Supreme Court Allows Appeal in Pension Interest Case — No Interest on Delayed DCRG and CVP When Judicial Proceedings Were Pending at Retirement. Rule 4 of Central Civil Services (Commutation of Pension) Rules, 1981 disentitles commutation during pendency of judicial proceedings.

The case pertains to an appeal by the Chief General Manager, Gujarat Telecom Circle, Bharat Sanchar Nigam Ltd. and others against the judgment of the ...