Supreme Court · 2020 INSC 238 · Decided 2 March 2020

Assistant General Manager, State Bank of India & ORS. v. Radhey Shyam Pandey

Court
Supreme Court of India
Citation
2020 INSC 238 · [2020] 4 S.C.R. 814
Case number
CIVIL APPEAL No. 2463/2015
Decided
2 March 2020
Bench
ARUN MISHRA, M.R. SHAH, BHUSHAN RAMKRISHNA GAVAI (3-judge bench)
Outcome
Disposed off
Case type
Civil

Headnote

Service Law - Voluntary Retirement Scheme - Whether the respondent employees are entitled to pension on completion of 15 years of service as per the State Bank of India Voluntary Retirement Scheme (VRS framed in 2000) - Held: The Central SBI accepted the memorandum for making payment of pension, in case it was not accepting the proposal, in the memorandum it ought to have said clearly that it was not ready to accept the proposals of the Government and the Indian Bank Association (IBA) and rejects the same - However, once it

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