Supreme Court of India · 2021-10-26
Modified Voluntary Retirement Scheme ... vs National Textile Corporation Limited
- Court
- Supreme Court of India
- Petitioner
- Modified Voluntary Retirement Scheme ...
- Respondent
- National Textile Corporation Limited
- Author
- M.R. Shah
- Bench
- A.S. Bopanna, M.R. Shah
Judgment text excerpt
The Supreme Court addressed the validity of the Modified Voluntary Retirement Scheme (MVRS) of 2002 as it pertains to the workers of Azam Jahi Mills. The court found that the High Court's decision to quash the earlier judgment in favor of the workers was erroneous, emphasizing the need to uphold the rights of long-serving employees under the MVRS. Consequently, the Supreme Court allowed the appeals, reinstating the benefits under the scheme for the workers.