The Kangra Central Cooperative Bank ... vs State Of Himachal Pradesh

The Supreme Court ruled in favor of the Kangra Central Cooperative Bank Pensioners Welfare Association, overturning the High Court's decision that had upheld the cessation of pension payments. The Court found that the Board of Directors acted beyond their authority in withdrawing the pension scheme, which had been approved by the General House. Consequently, the Court directed the restoration of the pension payments to the members of the Association.