ODISHA STATE FINANCIAL CORPORATION vs ODISHA STATE FINANCIAL CORPORATION EMPLOYEES UNION

The Supreme Court dismissed the appeal by the Odisha State Financial Corporation challenging the High Court's directive to pay arrear benefits under the revised pay scale effective from April 1, 2012. The court upheld the High Court's decision, emphasizing the statutory obligations of the Corporation to comply with the pay revision as recommended by the Fitment Committee and the subsequent government notifications. The judgment reinforces the rights of employees in public sector undertakings regarding pay scales and benefits.