The afore-stated Letters Patent Appeal and writ petition raise similar issues and are, therefore, being disposed of by this common judgment for clarity and convenience. At the same time, as facts in each case are required to be noticed and there are dissimilarities, we have preferred to separately deal with each case. LPA No. 403/2015

2. LPA No. 403/2015 impugns the order and judgment of the learned Single Judge dated 5th May, 2016 passed in W.P.(C) No. 3521/2014 titled Kamlesh Pratap Singh vs. United Bank of India.

2.1 Pursuant to bipartite settlement dated 29.10.1993 signed between Indian Banks' Association and the Workmen Union, the United Bank of India (Employees') Pension Regulations, 1995, (Regulations for short) were framed by the appellant/United Bank of India under Section 19 of the Banking Companies (Acquisition and Transfer of Undertaking) Act, 1990.

2.2 The employees of the appellant Bank who were already covered under the Contributory Provident Fund were required to exercise the option to be governed by the pension Regulations within a period of 120 days from the date of notification. The Bank’s contribution to the Contributory Provident Fund, in the case