Supreme Court · 2004 INSC 296 · Decided 21 April 2004
Punjab and Sind Bank and ANR. v. S. Ranveer Singh Bawa and ANR.
- Court
- Supreme Court of India
- Citation
- 2004 INSC 296 · [2004] SUPP. 1 S.C.R. 524
- Case number
- CIVIL APPEAL No. 4097/2002
- Decided
- 21 April 2004
- Bench
- V.N. KHARE, S.B. SINHA, S.H. KAPADIA (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Service Law: C Voluntc:ry retirement Scheme-Option-Withdrawal from option after receipt of benefit thereunder-Permissibility of-Held_: optee ha\Jing knowingly accepted the benefit is estopped from denying the binding effect of the Scheme-Hence, cannot resile from the Scheme~Evid(mce Act, I for Voluntary Retirement Scheme. He withdrew his option for the Scheme before the cut-off date. Thereafter he received the benefits under the Scheme without any o,bjection and also appropriated the amounts for his benefit. He was not permitted to opt out of the Scheme and was relieved from the
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