Punjab & Sind Bank & Ors vs Mohinder Pal Singh & Ors

The Supreme Court addressed the application of the decision in Bank of India and Others Vs. O.P. Swarnakar regarding the Punjab and Sind Bank Employee's Voluntary Retirement Scheme, 2000. The Court held that employees could revoke their application for voluntary retirement if they had a reasonable apprehension of not receiving full benefits under the Scheme, thereby establishing that the right to withdraw an application is valid under such circumstances. The Court upheld the High Court's ruling that the Scheme was invalid, affirming the employees' rights to their lawful dues.