ADDING INSULT TO INJURY

LIC,by instructing the Zonal Managers by its circular dated 1/9/2018, not only committed contempt of the Delhi High Court judgment by  conveying its decision to deduct the 40% IR already paid in 2016,but  also heaped further contempt by charging from the pensioners interest at 8% p.a. In the 40% IR already paid  from  the pensioners being paid net arrears.(This is the implication of the method mentioned in the aforecited circular where it has been decided to deduct the 40% IR paid from the arrears calculated as at 27/4/2017).This amounts to adding insult to injury.

This act on the part of LIC has compounded the contempt of court committed by LIC as  not only the DHC judgment  has specifically forbidden LIC from recovering the 40% IR,but has also Ipsy facto  not given any authority to charge interest on the 40% IR already paid, from 27/4/2017 for the delay committed by it in implementing the DHC  judgment dated 27/4/2017 by more than a  year.It is  ironic that LIC is penalizing the hapless pensioners for its own delay in implementation of the DHC judgment.

If this is not contempt on contempt what else it is?

There is a fit case for contempt action.Perhaps that is what LIC wants so that the case in the Supreme Court for upgradation of pension  can be prolonged as much as possible.

C H Mahadevan