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Showing posts from November, 2016

G N Sridharan informs.

Day’s happening in Delhi HC We sent a couple of SMS to a few and the detailed account follows as below. Our case was listed in both Court No 6 and a Special Court. As soon as the Bench sat in the morning at  10.30 AM , our Advocate Shri Rajiv Garg and a senior counsel of one other petitioner mentioned this to Bench and sought indication as to when our case would be heard during the day. This was necessary since it was expected that a reconstituted Bench may be hearing our case as the companion judge J Sunita Gupta is reportedly retiring very shortly. Further the general view among counsels was that hearing on our matters will have to be taken up on a day-to-day basis over a short span, once a final date is fixed. In the entire morning session and also more than 1 and ½ hours after lunch break, only other listed cases were taken up by J Sanjiv Khanna and a new companion Judge.  At close to 3 45 PM, the existing Bench retired and the erstwhile Bench hearing our case took up th

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Reserve Bank of India /2016-17/140

RBI/2016-17/140 DPSS.CO.PD.No.1280/02.14.003/ 2016-17 November 18, 2016 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / All Card Network Providers Dear Madam / Sir, Cash Withdrawal at Point-of-Sale (POS) - Withdrawal limits and customer fee/charges - Relaxation A reference is invited to our circulars DPSS.CO.PD.No.147/ 02.14.003/2009-10 dated July 22, 2009,  DPSS.CO.PD.No.563/02.14. 003/2013-14 dated September 5, 2013  and  DPSS.CO.PD.No.449/02. 14.003/2015-16 dated August 27, 2015  on cash withdrawal at Point of Sale (POS) enabled for all debit cards/open loop prepaid cards issued by banks with specified per day value limits for different locations. 2. Following the withdrawal of legal tender characteristics of existing ₹ 500/- and ₹ 1000/- Bank Notes (Specified Bank Notes – SBN), the Reserve Bank of India had advise

War on Black Money : An Interview with S.Gurumurthy (Economist)

A COMMUNICATION FROM G N SRIDHARAN.

A communication from  G N SRIDHARAN. ON THE RECENT HAPPENINGS.  Dear shri Sury,  your mails one re: shri Asthana's post on Mr Sreenivasamurthy and the other on Delhi HC order of 11/11. Kindly bear with me for having delayed my response.  While I felt that shri KMLA's post was a trifle harsh in language I should be honest in stating that I am in full agreement with the message that he has sought to convey Viz. Mr. murthy is anxious to see that LIC pensioners recognise him as the only leader working for their good. His anxiety is understandable and it is the natural for those who choose themselves as leaders. Mr. murthy broke away from our organisation as he was not happy that we were pursuing the issue of DR anomaly affecting the aged pre 97 lot and he would not settle for anything other than up gradation for all and nothing else. He was not receptive to our plea that upgradation was not thought of when we approached Delhi HC in late 2006 and our petition was numbe

LIVE: PM MODI SPEECH from Parivartan Rally in Ghazipur, UP - MODI STRIKE...

PARAMPARA- Akshay Padmanabhan Vocal LIVE PROGRAMME

PM's speech at launch of various projects in Goa

A note on Delhi HC Order.

  Delhi High court order of date  We have just been informed that orders were pronounced by Justice Khanna of Delhi HC holding that the supreme court order on payment of 40% IR has been complied with by LIC. It is indeed a disappointing situation for the pensioners. Some of us knowing the trend of thinking of judiciary on such matters have always cautioned against any over reliance on judiciary to solve all our problems . This interim pronouncement on an issue blown out of proportion by self seeking 'Leaders' will unfortunately have repercussions on other issues still to be gone into by the High court.  It is distressing one of such leaders has already started talking of going to supreme court.      We appeal to all members to re ​m​ember that only on our initiative that the   IR arose and we are as competant as others it not more than others in   tackling such depressing situations, after we receive the copy of the order shortly.  Meantime we hope that our members

DELHI HIGH COURT 11. 11.2016

11.11.2016 J-1 FOR PRONOUNCEMENT OF JUDGMENT (APPLT. JURISDICTION) COURT NO.6  HON'BLE MR. JUSTICE SANJIV KHANNA HON'BLE MS. JUSTICE SUNITA GUPTA AT 2.15 P.M. 1. W.P.(C) 9440/2016 LIFE INSURANCE CORPORATION OF INDIA TUSHAR MEHTA, DAYAN KRISHNAN VS. KRISHNA MURARI LAL ASTHANA ASHOK PANIGRAHI, SURAJIT & ORS. BHADURI, KUMAR GAURAV 2. W.P.(C) 9441/2016 KRISHNA MURARI LAL ASTHANA & ORS KUMAR GAURAV VS. LIFE INSURANCE CORPORATION OF TUSHAR MEHTA, DAYAN KRISHNAN INDIA & ANR. ASHOK PANIGRAHI,SURAJIT BHADURI 3. W.P.(C) 9442/2016 LIFE INSURANCE CORPORATION OF INDIA TUSHAR MEHTA, DAYAN KRISHNAN & ORS.VS. KRISHNA MURARI LAL ASHOK PANIGRAHI, SURAJIT ASTHANA & ANR. BHADURI, KUMAR GAURAV 4. W.P.(C) 184/2007 FEDERATION OF RETIRED LIC CLASS I TUSHAR MEHTA, DAYAN KRISHNAN OFFICER VS. UOI & ORS. ASHOK PANIGRAHI, SURAJIT BHADURI, ABHA MALHOTRA 5. W.P.(C) 3983/2016 MADAN LAL GANDHI AND ORS RENUKA SAHU, ABHA MALHOTRA VS. UNION OF INDIA AND ORS TUSHAR

DELHI HIGH COURT CAUSE LIST

11.11.2016 J-1 FOR PRONOUNCEMENT OF JUDGMENT (APPLT. JURISDICTION) COURT NO.6 HON'BLE MR. JUSTICE SANJIV KHANNA HON'BLE MS. JUSTICE SUNITA GUPTA AT 2.15 P.M. 1. W.P.(C) 9440/2016 LIFE INSURANCE CORPORATION OF INDIA TUSHAR MEHTA, DAYAN KRISHNAN VS. KRISHNA MURARI LAL ASTHANA ASHOK PANIGRAHI, SURAJIT & ORS. BHADURI, KUMAR GAURAV 2. W.P.(C) 9441/2016 KRISHNA MURARI LAL ASTHANA & ORS KUMAR GAURAV VS. LIFE INSURANCE CORPORATION OF TUSHAR MEHTA, DAYAN KRISHNAN INDIA & ANR. ASHOK PANIGRAHI,SURAJIT BHADURI 3. W.P.(C) 9442/2016 LIFE INSURANCE CORPORATION OF INDIA TUSHAR MEHTA, DAYAN KRISHNAN & ORS.VS. KRISHNA MURARI LAL ASHOK PANIGRAHI, SURAJIT ASTHANA & ANR. BHADURI, KUMAR GAURAV 4. W.P.(C) 184/2007 FEDERATION OF RETIRED LIC CLASS I OFFICER VS. UOI & ORS. ASHOK PANIGRAHI, SURAJIT BHADURI, ABHA MALHOTRA  TUSHAR MEHTA, DAYAN KRISHNAN  5. W.P.(C) 3983/2016 MADAN LAL GANDHI AND ORS RENUKA SAHU, ABHA MALHOTRA VS. UNION OF INDIA AND ORS TUSHAR MEHTA,

Media Brief by RBI Governor Shri Urjit Patel & Secy. DEA Shri Shaktikant...

Pension matters.

Pension matters One view based on long experience is that nothing dramatic may happen, through judiciary or otherwise, on our pending genuine problems unless and until parallel situations affecting Bank pensioners are finally dealt with by IBA/GOI, .one way or the other. We are therefore naturally keeping in touch with friends in the banking sector who are fighting for justice to their pensioners. The one identical problem is the denial of 100% neutralization on DR, the only difference being the date on which the discrimination arose.  Also, the issue affecting the pensioners of SBI alone calls for our close watch. In SBI those who retired after the seventh bipartite settlement was effected still receive their pensions based on the earlier 6th bipartite settlement. This is something similar to the case of retired of the period 1/8/92 to 1/4/93 for whom the judiciary has already handed down a verdict favourable to the pensioners in MC Jain's case. The writ petitions bot