Supreme Court of India · 2021-01-22
INDIAN BANK vs MAHAVEER KHARIWAL
- Citation / case number
- SC 2009/12929
- Court
- Supreme Court of India
- Petitioner
- INDIAN BANK
- Respondent
- MAHAVEER KHARIWAL
- Author
- HON'BLE MR. JUSTICE ASHOK BHUSHAN
- Bench
- HON'BLE MR. JUSTICE ASHOK BHUSHAN, HON'BLE MR. JUSTICE R. SUBHASH REDDY, HON'BLE MR. JUSTICE M.R. SHAH
Judgment text excerpt
The Supreme Court overturned the Delhi High Court's decision that quashed the Indian Bank's rejection of an employee's application for voluntary retirement. The Court held that the bank's decision was justified under the Pension Regulations, 1995, and emphasized the importance of adhering to established procedures for voluntary retirement. Consequently, the Court directed the bank to process the employee's retirement application in accordance with the relevant regulations, including the payment of retiral dues with interest.