R. P. SETHI, C. J.

( 1 ) DENIAL of pensionary benefits under the Regulations framed by the appellant-Banks in the year 1995 to the respondent-employees who had voluntarily retired from service between 1-1-1986 and 31-10-1993, under the then prevalent Voluntary Retirement Scheme, brought them to the court for the grant of appropriate relief. The respondent-employees prayed for quashing of regulation 29 which allegedly deprived them the benefit of the Pension Scheme. It was submitted that the cut-off date prescribed under the aforesaid Regulations was arbitrary, discriminatory, ultra vires and violative of Articles 14, 16 (1), 21, 39 (d) and 41 of the constitution of India. They prayed that a declaration be issued holding them entitled to the grant of pension on voluntary retirement under the Regulations of 1995. It was submitted that a command be issued to the appellant-Banks to grant commutation amount of pension and to pay the same w. e. f. 1st November, 1993 with all consequential benefits including interest at the market rate for the period of delay in payment of pension and commutation amount to the petitioners. The pleas found favour with the learned Single Judge who vide his

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