CHAIRMAN AND MANAGING DIRECTOR THE FERTILIZERS AND CHEMICALS TRANVANCORE LTD. vs GENERAL SECRETARY FACT EMPLOYEES ASSOCIATION

The Supreme Court upheld the decision of the Kerala High Court affirming the reduction of the retirement age of employees from 60 years to 58 years as per the directive of the Central Government. The Court noted that the Memorandum of Settlement executed in 1978 allowed for a change in retirement age under certain circumstances, which were met due to the financial difficulties faced by the Public Sector Undertaking. The Court held that the appellant's compliance with the Central Government's directive was lawful and justified under the circumstances, thereby dismissing the appeals.