JUDGMENT

Lokeshwar Singh Panta, J.—This appeal is directed against the judgment and order dated 02.04.2002 passed by the High Court of Judicature at Bombay in Writ Petition No. 567 of 2002 whereby and whereunder Venkatesh Gopal Mahishi has been held entitled for pension under the Union Bank of India (Employees’) Pension Regulations, 1995.

2. The facts, in brief, are that Venkatesh Gopal Mahishi, respondent No.1 herein, joined the services of the Union Bank of India (hereinafter referred to as ‘the appellant-bank’) as a Peon on 02.05.1960. On 19.02.1991, the respondent No.1 had submitted an application to the authority seeking retirement on medical grounds with further request to give employment to his dependent son on compassionate ground. The request of the respondent No.1 was accepted by the appellant-bank and he was retired as Daftary from the service w.e.f. 01.11.1993 and later on his son has been given employment.

3. The appellant-bank, in exercise of the powers conferred by clause (f) of sub-section (2) of Section 19 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), after consultation with the Reserve Bank of India and with the previo