Indian Bank & Anr vs N. Venkatramani

The Supreme Court addressed the interpretation of 'broken period' in the context of pension eligibility under the Indian Bank Employee's Pension Regulation, 1995, specifically Regulation 28. The Court held that the respondent, having completed 14 years, 9 months, and 17 days of service, was entitled to pension benefits despite not meeting the 15-year requirement, as the High Court's ruling was justified in granting pension and interest on arrears from the date of superannuation. The Court affirmed the Division Bench's decision, emphasizing the need to consider the circumstances of the respondent's voluntary retirement.