M.R.PRABHAKAR vs CANARA BANK .

The Supreme Court addressed the claims for pension by former officers of Canara Bank who resigned before the introduction of the pension scheme under the Canara Bank Pension Regulations, 1995. The Court held that the appellants were entitled to pension benefits as the relevant Regulation 22, which could disqualify them, was not in effect at the time of their resignations. The Court emphasized that the introduction of pension as a benefit was meant to apply to both serving and retired employees, thus ruling in favor of the appellants and reversing the High Court's decision.