CASE NO.SLP(C)5561 /2016 BEFORE SC ON PENSION UPDATION.08.08.23

[mohan p]

For Information:

Pension updation case before Apex Court 

SUPREME COURT OF INDIA.

DAILY CAUSE LISTED FOR DATED 8th AUGUST'23.

Court No.8

HON'BLE MR. JUSTICE VIKRAM NATH And HON'BLE MR. JUSTICE AHSANUDDIN AMANULLAH]

ITEM NO.21

M.C. SINGLA (DEAD) THR. LR. AND ORS.

Vs UNION OF INDIA & ORS.

ADVOCATES 

SUNNY CHOUDHARY

MITTER & MITTER CO., RAJESH KUMAR GAUTAM[R-4] P. K. MANOHAR(IMPL)

[Krishnaiah Bondalapati]

I have completed 19 years,8 months, 4 days and took SVRS from Canara Bank in 2001. My qualifying service and actual service are calculated as 20 years but the weightage of 5 years is not given for the reason that I have not completed 20 years of service. Can any of the members suggest a remedy or a favorable judgment to give weightage to similarly placed in any bank...

B L Krishnaiah 

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[Booma Balan]

I, Booma Balan, from canara bank took VRS in 2001, after completion of 19 years 10 months and not given 5 years weightage for the same reason. Please help us.

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[VASUDEVAN CHENNAI]

Sir,

Please refer to Indian Bank vs N Venkataramani case decided by SC in Civil appeal 3989 of 2007 and consult a Lawyer

Regards 

Vasudevan

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[Kalyanasundaram Subramaniam]

https://indiankanoon.org/doc/1829303/

S Kalyanasundaram

[JSOMA SHEKARA]

Copy of Judgment enclosed

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[Krishnaiah Bondalapati]

Thanks to Sri J Somasekara for forwarding the relevant judgment. IBA letter of 2009  is also there advising banks to implement the judgment. But which bank has implemented is not known. Kindly pass on the information as the Canara Bank has not implemented it.

[JSOMA SHEKARA]

Canara Bank has implemented the 5 year benefit with 9% interest. 1616-1684 arrears also paid with intertest. However commutation recovery was made from DOR instead of from Date of credit.

Canara Bank is the first Bank to implement SC verdict of 2018 promptly

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[Krishnaiah Bondalapati]

Yes.

Canara Bank was the 1st to implement 1616  - 1684.

But it has not given weightage of 5 years for those who have completed 19 years, 6 months but not completed 20 years of physical service.

 B L Krishnaiah

9347256124

blk...@yahoo.com 

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[Sureshbhat M]

Krishnaiah sir, was there any loss of pay leave for long term resulting in reducing your service below 6 months?. Only experts can evaluate  

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[Krishnaiah Bondalapati]

Dear Sir, I did not have loss of pay even for a day. My actual service was 19 years 8 months 5 days.  Being an ex-serviceman, i opted for SVRS at the age of 55. 

[Niranjan Cn]

Sir Did Canara Bank interest at 9% ?  Bank should have paid the interest at 9% on commutation amount and recovery should have started on payment of the differential commutation amount.  But both have not happened and no one agitated also.  That is the sad part.

Niranjan

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[Prasad C N]

Dear friends,

Most of the Banks have not paid 5 years benefit to those who have served over 19 years & 6 months, but less than 20 years.  We have got that benefit in SBM

Thanking you,

With regards,

Prasad C N

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