Dear friends,
Following Message is received at around 1 45 pm. Hon'ble Court adjourned the case to next week with same Sl. No. at 4 pm. Need not explain how we are being fooled. Let us wai for the Judgment.
Thanks & regards,
Prasad
Based on today’s SC daily list, Apr 29, 2026:
CA 7993/2023 M.C. SINGLA & ORS vs UNION OF INDIA
Listed at: Item 5, Court No. 2, Bench: Justice Sanjiv Khanna & Justice Dipankar Datta
Status: For Directions – “Part-Heard
today Apr 29, 2026
Taken up at 11:45 AM after 4 urgent mention matters
IBA Counsel: Submitted updated actuarial report on pension corpus shortfall. Argued ₹95,000 Cr one-time burden if updation allowed retrospectively.
Petitioners’ Counsel Dr. Manish Singhvi: Pointed to RBI pension updation precedent. Argued Pension Regulations 1995 read with Bipartite Settlement creates legitimate expectation.
Bench observation: Court asked IBA to file year-wise break-up of cost if updation done prospectively from 2026 only. Not inclined for retrospective from 1995.
Next date: May 6, 2026 for final submissions on “prospective updation cost”. Bench indicated judgment likely before summer vacation.
Key takeaway today
Court is moving towards prospective updation only, not arrears. IBA has to give fresh calculation by May 4. Final arguments May 6.
Source: SC daily cause list + AIBPARC flash circular 29/04/2026 2:30 PM.
(Forwarded message , please wait for Association circular)