ORDER :- The facts in this case are shortly as follows : The petitioner, was appointed with effect from the 10th January, 1956 as Chief Inspector of the Asiatic Government Security Life and General Assurance Co. Ltd. lie was, on probation for a period of not less than one year from this date of his joining. The appointment was based on an annual contract of Rs. 10,00000/- completed business, yielding a first years premium income of not less than Rs. 25,000/-. The Life Insurance Corporation Act, 1956 which, nationalised all life insurance business in India, came unto force on the 1st September, 1956 as a result of which, the petitioner became an employee under the Life Insurance Corporation of India, in accordance with the provisions of the said Act. On the 21st November, 1956 it was intimated to him by a letter, a copy of which is annexure B to the petition, that he was designated as Inspector, and would operate within the Calcutta Postal Zones. The letter contained the following direction :

"The categorization of Field Staff into different grades having been kept in abeyance till 31st August 1957, you are having at your disposal sufficient time to organize the business on the patte

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