DEAR ALL,
Ar
2.25P.M today, I received a phone call from Ms Renuka advocate for
Chandigarh petitioners informing that Justice Khanna pronounced an
order in favour of LIC stating in the operative part that LIC has
complied with the directions of the Supreme Court dated 31/3/2016.
The detailed order will be uploaded tomorrow after which it will be circulated.
No
doubt the order is disappointing, but we need to go through the
detailed order considering the that the Bench has taken 24 days after
reserving it to pronounce the order.We had, in our rejoinder to the
revised counter of LIC,provided sufficient data to point out inadequacy
in payment of 40% IR by LIC including the fact that no payment was made
to family pensioners.
Against this backdrop,the order is not only disappointing, but also puzzling when viewed from a logical perspective.
After
going through the detailed order Hyderabad Association will explore
the options of approaching the Supreme Court with an appeal against the
HC order.
For now,let us await the order.
I
personally feel that there is no cause for despair as the grounds are
quite strong for challenging the order at the Supreme Court and we will
have an opportunity to clearly know what Hon'ble Justice Deepak Misra
had in mind while issuing the directions in para 27 of the judgment
dated 31/3/2016.
Greetings.
C H Mahadevan
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