RESERVE BANK OF INDIA vs CECIL DENNIS SOLOMON

The Supreme Court upheld the Bombay High Court's decision that employees of the Reserve Bank of India are entitled to pension under the Reserve Bank of India Pension Regulations, 1990, despite resigning before the regulations came into effect. The Court interpreted the provisions of the Pension Regulations, particularly Regulation 18, which states that resignation entails forfeiture of past service and thus affects pension eligibility. The Court clarified that the employees' entitlement to pension is valid as they were governed by the regulations post-resignation, affirming the High Court's ruling.