THE STATE BANK OF INDIA vs SHRI A.N. GUPTA ETC.

The Supreme Court upheld the Delhi High Court's decision to direct the Bank to pay pension and provident fund to the respondents, Gupta and Gulati, who were wrongfully denied these payments upon retirement. The Court found that the Bank's reliance on Rule 11 of the Pension Rules and Rule 20 of the Provident Fund Rules was misplaced, as the respondents had fulfilled the necessary conditions for receiving their dues. The Court also awarded damages at 9% per annum for the wrongful withholding of payments from the date of retirement until actual payment.