Reserve Bank Of India & Anr vs Cecil Dennis Solomon & Anr

The Supreme Court upheld the Bombay High Court's decision granting pension to employees of the Reserve Bank of India under the Pension Regulations, 1990, despite their resignation prior to the Regulations' enactment. The Court interpreted Regulation 18, which states that resignation entails forfeiture of past service, and clarified that the employees were entitled to pension benefits as they had not been dismissed or terminated. The judgment emphasized the importance of the timing of the resignation in relation to the applicability of the Pension Regulations, affirming the employees' rights under the Reserve Bank of India Act, 1934, specifically Section 58.