This is w.e.t to Sri CHM Sir's post in reply to my post regarding the DHC JUDGEMENT of 27-4-17.
In my post I had not said that DHC had ordered payment of DR at 100 pc neutralization to pre 1-8-97 retirees. I had only said that the court had declared that pre 1-8-97 retirees are entitled to 100 pc neutralized DR just like post 1-8-97 retirees.
The court had further said that
(1) Rule 3A of Appendix IV goes against the spirit of DS Nakara case and (2) the rate of DR payable to pre 1-8-97 retirees should not be less than the rate paid to post 1-8-97 retirees.
These are all points favourable to us. I will even go to the extent of saying that DHC has unwittingly endorsed our claim for updation by stating point no. 3.
These points apart I will again suggest that our counsel lay stress on point no.1 namely DR at .67 pc per slab for group I and .35 pc for group II in the SC on 7-11-23 and get favourable orders from them for payment of diff in DR effective from 1-8-97 to all pre 1-8-97 retirees. I am sure SC will very well appreciate our stand and modify the new and unacceptable tapering DR formula of the DHC and issue suitable orders to LIC for payment of diff in DR to all pre 1-8-97 retirees immediately.
SR Srinivasan
From Coimbatore
9791754282
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