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2011 Supreme(SC) 143

R.M.LODHA, AFTAB ALAM
Chairman and M. D. Indian Overseas Bank – Appellant
Versus
Tribhuwan Nath Srivastava – Respondent


JUDGMENT

Aftab Alam, J. —

1. This appeal by special leave is directed against the judgment and order dated September 3, 2003 passed by a division bench of the Allahabad High Court on a writ petition (Civil Miscellaneous Writ Petition No.6162 of 2003) filed by the respondent who was at that time working as an officer in the appellant-bank. The High Court allowed the writ petition filed by the respondent, quashed the decision of the bank rejecting his application for voluntary retirement under the bank’s scheme and directed the appellant-bank to accept his application for voluntary retirement forthwith.

2. This Court while granting special leave to appeal, by order dated February 11, 2005, stayed the operation of the order of the High Court coming under appeal. As a result, the respondent continued in service and eventually retired on reaching the age of superannuation on June 6, 2009. He has been paid his terminal dues and is also getting regularly his monthly pension. In view of this material change in circumstances during the pendency of the appeal, we suggested that the parties should negotiate and try to come to some amicable settlement. They were, however, unable to come to te


































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