K.M. Thaker, J.

1. Heard Mr. Mehta, learned advocate for the petitioner and Mr. Sharma, learned advocate for the respondent.

2. In present petition the petitioner has challenged order dated 19.2.2007 passed by learned Labour Court in Recovery Application No. 126 of 2001 whereby learned Labour Court directed the petitioner to pay Rs. 50,539.50 to the claimant with interest @ 6% from the date of application.

3. So far as factual background is concerned, it has emerged from the record and submissions of learned advocates for the petitioner and respondent that the respondent herein was employee of the petitioner i.e. Gujarat Mineral and Development Corporation Limited ('Corporation' for short). While the respondent was in service with the corporation, the corporation had introduced Voluntary Retirement Scheme ('VRS' for short). The respondent herein opted for VRS and tendered his resignation and sought benefit of said scheme. The resignation tendered by the respondent in response to VRS was accepted by the corporation and he was granted benefit under VRS. Sometime after he was relieved from service upon finalization and implementation of VRS qua respondent, he raised demand agai