JUDGMENT Dated this the 20^th day of February, 2026 The petitioner is a retired Development Officer of the

1^st respondent-Company and was engaged as a Business Associate under the Contractual Appointment of Business Associates Scheme, 2016.

2. The engagement commenced as per contract note dated 01.08.2023 and was subsequently renewed for the period 01.04.2024 to 31.03.2025 as per renewal contract dated 19.06.2024. The petitioner’s grievance relates to non-payment of remuneration for both performance periods.

3. For the first period (01.08.2023 to

31.03.2024), the petitioner procured premium of ₹70,66,415.60 as certified by the respondents. As per the Scheme under Ext.P2, he became entitled to ₹6,48,556/-, but only ₹4,19,839/- was disbursed. The balance arrear of ₹2,28,717/- remains unpaid.

4. For the second period (01.04.2024 to

31.03.2025), the engagement was renewed with a target of ₹1.50 Crores. The petitioner procured premium exceeding ₹80 lakhs. However, only ₹38.7 lakhs was credited under his code as reflected in the performance statement and no remuneration has been paid.

5. Under the governing Scheme read with Circular dated 11.03.2024, even in case of shortfall in achievement of