Supreme Court · 2025 INSC 769 · Decided 23 May 2025
The Reserve Bank of India v. M.T. Mani and Another
- Court
- Supreme Court of India
- Citation
- 2025 INSC 769 · [2025] 5 S.C.R. 1128
- Case number
- CIVIL APPEAL No. 13962/2024
- Decided
- 23 May 2025
- Bench
- ABHAY S. OKA, AUGUSTINE GEORGE MASIH (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
RBI issued Administration Circular No.1 on 14.09.2020 opening a last option for the serving and retiring employees to switch over to pension scheme from CPF scheme. Whether the fixing of the cut off date i.e. 01.07.2020 for grant of pensionary benefits and that too with law or is discriminatory and arbitrary. Payment of Gratuity Act, 1972 - RBI Pension Regulations, 1990 - Contributory Provident Fund - After introduction of Pension Regulations, 1990, RBI gave option to the serving and retiring employees to switch
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