Supreme Court: GPF Nomination in Favour of a Parent Becomes Invalid Once the Employee Marries  ||  Supreme Court: Candidate Not Disqualified if Core Subject Studied Without Exact Degree Title  ||  Supreme Court: Stamp Duty Relief for Co-Operative Societies Cannot Depend on Extra-Legal Verification  ||  Delhi High Court: Allegations of Forgery Alone Do not Bar NCLT From Examining Company Records  ||  J&K&L HC: Only Revenue Authorities Can Handle Agrarian Resumption; Civil Courts Cannot Intervene  ||  Delhi HC: CAPF Candidate's Height of 164.6 Cm Can be Rounded to 165 Cm; Rejection Prima Facie Illegal  ||  NCLT Mumbai: Bank Cannot Retain OTS Earnest Money After Accepting a Resolution Plan  ||  Supreme Court: Imminent Death Not Required For a Statement to Qualify as Dying Declaration  ||  SC: HC Cannot Grant Pre-Arrest Bail Without Quashing FIR; Accused Must Approach Sessions Court First  ||  SC: Agreed Interest Rate Cannot Be Challenged as Exorbitant; Arbitrator Cannot Override Contract    

LIC of India and Ors. v. Krishna Murari Lal Asthana and Ors. - (Supreme Court) (31 Mar 2016)

SC grants interim relief to LIC pensioners

MANU/SC/0370/2016

Service

The Supreme Court disagreed with a High Court interpretation that equated authority to implement rules laid down by the Central Government with the power to lay down policy under the rules. The matter stemmed from Life Insurance Corporation of India granting certain pensionary benefits to former employees, however it did not receive approval from the Central government, as mandated under the LIC Act. The High Court had accepted arguments that since the Chairman of the Corporation had been issuing circulars periodically, and the same were followed by the Corporation, no governmental sanction could be required under the Life Insurance Corporation Act. Dismissing the interpretation, the Supreme Court concluded otherwise. It distinguished the Chairman’s instructions as giving effect to the rules laid down by Parliament; they could not confer benefits not envisaged in the rules.

The Court expressed regret over the length of legal proceedings, yet stopped short of disposing of the matter on its merits. It also acknowledged absurdities in the pension system, which had resulted in some persons receiving disproportionate allowances. One such instance pointed out by counsel for aggrieved pensioners was that of a much lower ranked employee receiving twice the pension as a former executive director.

Relevant : Union of India v. Hira Lal MANU/SC/1652/1996 All India Reserve Bank retired Officers Association v. Union of India MANU/SC/0151/1992 State of Andhra Pradesh and Anr. v. K. Jayaraman and Ors. MANU/SC/0446/1974 Section 48 Life Insurance Corporation Act, 1956

Tags : LIC   PENSION   RULES  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved