Ashok Bhushan, J.

A Division Bench, while hearing the above Original Petitions was faced with conflicting judgments of two Division Benches, i.e., Syndicate Bank v. Celine Thomas (2005 KHC 1841) and State Bank of Travancore and Others v. P. Gopinathan Nair and Others (W.A.No.2185 of 2009 decided on 10th June, 2011). By the referring order dated 08.02.2016, the Division Bench made a reference to a larger Bench for authoritative pronouncement on the whole issue, in consequence of which the matter has been placed before this Full Bench.

2. For answering the reference, it is necessary to note the facts of both the Original Petitions.

O.P.No.20427 of 1997

3. Petitioner who was working as an Officer in the Canara Bank retired from service on attaining the age of superannuation on 31.08.1993. Salary revision for Officers of Public Sector Banks was discussed by the Indian Banks' Association (IBA) High Power Committee and representatives of Officers of Organisations of Public Sector Banks. An agreement dated 23.06.1995 was entered between the IBA and All India Bank Officers Conf