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C.NARASIMHAPPA AND OTHERS V. VIJAYA BANK

Courtesy/By: Akshata gowda | 2019-07-11 15:27

This is the one of the landmark judgement on pension benefits. In this case petitioners were working in the respondent bank from last twenty years and they had resigned for their job after twenty years of service. Respondent denied paying pension on the ground that they resigned the job it is not a retirement so petitioner approached High Court of Karnataka for the remedy. The High Court held that, the petitioners are eligible for pension benefits, as all of them have completed more than 20 years of service, the minimum qualifying service for pension and merely because the pensioners have resigned from service, is not a ground for denying the pension. the petitioners who have completed 20 years or more of service, though have resigned from the service of the Bank are entitled for Pension and the respondent Bank should extend the benefit of pension to all the petitioners. EMPLOYEES WHO RESIGNED FROM SERVICE OF THE BANKS AFTER COMPLETING 20 YEARS OF SERVICE, ARE ELIGIBLE FOR PENSION. Then the respondent filed a petition for review and the court dismissed the petition filed by Vijaya bank and upheld the decision of original petition.

Courtesy/By: Akshata gowda | 2019-07-11 15:27