K.H.N.KURANGA, K.L.MANJUNATH
I. T. I. LIMITED – Appellant
Versus
I. T. I. EX / VR EMPLOYEES – Respondent
( 2 ) THESE appeals are filed by the appellant, aggrieved by the order of the learned single judge, granting relief in favour of the officers of ITI who had opted for Voluntary Retirement scheme (hereinafter referred to as 'vrs' or 'vr Scheme' ). The said scheme was introduced by the appellant to reduce the surplus manpower and bring down the strength of employees to optimum levels. In pursuance of it, different public sector companies formulated different VRS to encourage employees to retire from services. As per the scheme introduced by the appellant, certain benefits were conferred in the persons who opted for VR. The benefits under the scheme are as hereunder:"'benefits Under the Scheme: 4. 1 An employee whose request for voluntary Retirement is accepted will be entitled to the following normal terminal benefits: a) Gratuity b) Provident Fund c) Encashment of admissible Privilege leave, if any, at credit. d) Payment of TA/da to the employee an
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