Supreme Court · 1997 INSC 283 · Decided 17 March 1997
Power Finance Corporation LTD. v. Pramod Kumar Bhatia
- Court
- Supreme Court of India
- Citation
- 1997 INSC 283 · [1997] 2 S.C.R. 1170
- Case number
- CIVIL APPEAL No. 2416/1997
- Decided
- 17 March 1997
- Bench
- K. RAMASWAMY, G.T. NANAVATI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
FINANCE CORPORATION LTD. v. PRAMOD KUMAR BHATIA MARCH 17, 1997 B [K. RAMASWAMY AND G.T. NANAVATI, JJ.) S e1vice. Law: Voluntary retirement-Order accepting the offe,.,_When becomes effec- c tive-Scheme framed by Corporation· to relieve surplus staff-Employee ap- plying for voluntary the Corporation withdrew the Scheme-High Cowt D holding that order dated 20.12.1994 created a vested right in the employee and the same cannot be divested by subsequent orders-Held, Order dated 20.12.1994 is a conditional order in that 1111til the dues are paid the order does
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