A. Satyanarayana Reddy And Ors vs The Presiding Officer, Labour ...

The Supreme Court interpreted Section 33C(2) of the Industrial Disputes Act, 1947, in relation to a Voluntary Retirement Scheme (VRS) implemented by the State of Andhra Pradesh. The Court held that employees who opted for VRS were not entitled to lay off compensation as their employment relationship had ceased, thus affirming the decision of the Andhra Pradesh High Court. The judgment clarified that the provisions of the VRS did not include lay off compensation, leading to the dismissal of the appeal.