RETIRED OFFICERS WELFARE SOCIETY & ORS vs INDIAN OIL CORPORATION LTD. & ANR

Judgment text excerpt

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision: 04th April, 2025 + W.P.(C) 4406/2017 RETIRED OFFICERS WELFARE SOCIETY & ORS .....Petitioners Through: Ms. Meenakshi Arora and Mr. P.B. Suresh, Senior Advocates with Mr. Udayaditya Banerjee, Ms. Kritika Bhardwaj, Ms. Shubhangi Pandey and Mr. Saday Mandal, Advocates. versus INDIAN OIL CORPORATION LTD. & ANR .....Respondents Through: Mr. V.N. Koura and Mr. S. Sirish Kumar, Advocates for R1. + W.P.(C) 7690/2017 and CM APPLs. 19978/2024, 20032/2024, 55593/2024 PRAMOD KUMAR AGARWAL & ORS ....Petitioners Through: Ms. S. Janani, Senior Advocate with Ms. Sharika Rai and Mr. Firasat Ali, Advocates. versus INDIAN OIL CORPORATION LTD. & ORS. .....Respondents Through: Mr. V.N. Koura and Mr. S. Sirish Kumar, Advocates for R1. Ms. Pratima N. Lakra, Central Government Standing Counsel with Mr. Chandan Prajapati, Advocate for R2. CORAM: HON'BLE MS. JUSTICE JYOTI SINGH JUDGEMENT JYOTI SINGH, J. 1. Petitioner No. 1 in W.P.(C) 4406/2017 is Retired Officers Welfare Society of Indian Oil Corporation Ltd. (‘IOCL’) while Petitioners No. 2 and 3 are individual retired officers. Petitioners in W.P.(C) 7690/2017 are Signature Not Verified Digitally Signed By:KAMAL KUMAR W.P.(C) 4406/2017 and connected matter Page 1 of 59 Signing Date:07.04.2025 23:51:06 individual retired employees of Mathura Unit of IOCL. Petitioners lay a challenge to impugned Circular dated 19.04.2011 and Office Memorandum dated 01.06.2011 as also Deed of Variance dated 18.05.2011 issued by IOCL, whereby Superannuation Benefits Fund Scheme (‘hereinafter referred to as ‘SBF Scheme’) dated 24.12.1987 was retrospectively modified w.e.f. 01.01.2007. Declaration is sought to declare that all Deeds of Variance making changes to Principal Trust Deed dated 24.12.1987 are