Management Of Indian Bank And Anr vs G. Ramachandran And Ors

The Supreme Court interpreted Regulation 17 of the Indian Bank (Employees') Pension Regulations, 1995, and Regulation 37 of the Indian Bank Officers' Service Regulations, 1979, determining that extraordinary leave on loss of pay does not count as qualifying service for pension benefits unless specifically sanctioned. The Court upheld the High Court's decision that the respondents' representations for including their leave period in pension calculations were valid, thus allowing their claims for pensionary benefits. The appeal by the Bank was dismissed, affirming the High Court's ruling.