This is just to inform that LIC has paid me today a sum of Rs.9898/ towards arrears on "implementation" of Delhi HC judgement .Of course no personal grievance as I am not a citizen falling under the BPL (below poverty line)category!
What is important to note is that they have of course deducted 40% IR received in terms of the earlier SC orders. While dealing with the matter in the 'clarification' part (para 108 of the jugement)the Delhi HC has clearly meant that 40% has to be treated as property already vested in the pensioners and had also spelt out the reasons for treating it so,the operative part (para 107) carrying specific directions to LIC does not make a mention of it in specific terms. Evidently LIC must have taken
"Legal advice" that they have no obligation to follow 'obiters' in the judgement and that there will be technical compliance if they follow the "directions" of the court in letter if not in spirit!!
Once again the meanness of LIC - I mean those in top management who always have their eyes only on their own post retirement rehabilitation- is again to the fore in regard to aged/old pensioners after the episode relating to what we all know as MC Jain's matter.
> God bless LIC pensioners !-
GN Sridharan
No comments:
Post a Comment