Supreme Court · 2006 INSC 125 · Decided 24 February 2006
Hec Voluntary RETD. Emps Welfare SOC. and ANR. v. Heavy Engineering Corporation LTD. and ORS.
- Court
- Supreme Court of India
- Citation
- 2006 INSC 125 · [2006] 2 S.C.R. 678
- Case number
- CIVIL APPEAL No. 5367/2001
- Decided
- 24 February 2006
- Bench
- S.B. SINHA, DALVEER BHANDARI (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 12; Contract Act
Headnote
Service Law: ,. • c Voluntary Retirement Scheme --Sick company floated a scheme for voluntary retirement of its employees in the year 1987 which remained in force up to 1990- -On 22.10.1990 a revised Voluntary Retirement Scheme was floated-The scheme was to remain effective for an initial extended from time to time- --Company issued a circular dated 9.10.1997 revising the scale of pay-The same was given D retrospective effect from 1.1.1992 and was to remain in force for a period of 5 years from the said date i.e. up to 31.12. 1996-- The employees who opted for voluntary
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