Delhi Transport Corporation vs Mool Chand

The Supreme Court held that the Delhi Transport Corporation's Voluntary Retirement Scheme (VRS) dated 13.12.1995 explicitly stated that employees opting for this scheme would not be entitled to pension benefits. The Court found the High Court's ruling granting pension benefits to the respondent, who applied under the 1995 scheme, to be erroneous and set aside the judgment. Consequently, the appeal was allowed, affirming the terms of the VRS as per the Corporation's provisions.