JUDGMENT:

S.B. SINHA, J :

1. Leave granted.

2. Interpretation of a Voluntary Retirement Scheme (VRS) floated by the appellant Corporation is in question in this appeal which arises out of a judgment and order dated 10.01.2006 passed by the High Court of Madhya Pradesh at Indore in Writ Petition No. 2623 of 2001.

3. Respondent at all material times was working as an Assistant Spinning Master. A Voluntary Retirement Scheme was floated by the appellant.

4. Respondent, on or about 16.05.2000 opted for the said Scheme with effect from 31.07.2000. The said application was in a prescribed proforma, the relevant portion of which reads as under:

"With reference to your circular/ Notice No…. dated./Memorandum of Settlement dated containing details of N.T.C. Scheme of Voluntary Retirement, I hereby tender my unconditional resignation from my post and service of your mills/ office with effect from. I hereby opt for Voluntary Retirement in terms of above said Scheme of Voluntary Retirement which I have carefully read and understood.

2. I hereby undertake that I shall not claim any payments from your management/ mills/ company on account of my Voluntary resignation consequent on my Voluntary Reti