Uco Bank vs Sk Shrivastava

The Supreme Court examined whether an employee who retired voluntarily prior to disciplinary proceedings is entitled to consequential benefits. The High Court had directed the bank to grant terminal benefits based on the employee’s voluntary retirement, which the bank contested. The Court upheld the view that once the employee had retired voluntarily and prior to disciplinary action, he is entitled to all benefits as per applicable rules. The judgment emphasizes the importance of the timing of retirement in relation to disciplinary proceedings and benefits entitlement.