Supreme Court · 2005 INSC 301 · Decided 20 July 2005

Jai Singh B. Chauhan v. Punjab National Bank and ORS.

Court
Supreme Court of India
Citation
2005 INSC 301 · [2005] SUPP. 1 S.C.R. 743
Case number
CIVIL APPEAL No. 3845/2005
Decided
20 July 2005
Bench
ARIJIT PASAYAT, H.K. SEMA (2-judge bench)
Outcome
Dismissed
Case type
Civil

Headnote

Service Law: Punjab National Bank (Employees) Pension Regulations, 1955: Pension scheme introduced by Bank-Published in Official Gazette­ Option exercised by employees belatedly-Rejected by Management-Held, employee having not exercised option within time, not eligible to be covered by Pension A B c D Respondent No. 1, the employer-Bank, in exercise of power under s.19(2)(f) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, framed the Punjab National Bank (Employees) Pension Regulations, 1995 giving option to the employees to opt for Pension Scheme

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