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Today in Delhi HC

In Delhi HC today We are informed that that the case reached for hearing only around just before lunch break. In the afternoon session the Addl. solicitor Gen. representing UOI spoke on the affidavit of LIC after which LIC counsel spoke.  The court directed LIC to file an addl. affidavit and adjourned the matter to  14/2/2017 . The likelihood of day-to-day hearing remains to be confirmed.  GN Sridharan

BE HERE

LIC files affidavit in Delhi HC

We have just received information from our Counsel that LIC had since filed the Affidavit dt 17th inst as per order of Delhi HC on 6th instant.  It looks that LIC had put forth the very same grounds as earlier such as valuation requirement, surplus to policyholders, expense ratio etc.  We will study the copy shortly for our Reply Affidavit. GN Sridharan Gen Secy Fed of Retired LIC Class I Officers Assns

Suspense to continue!!

Suspense to continue ??? I have just received a message informing that the Hon'ble SC has granted extension of time up to   30/4/2017   to Delhi HC for disposal of our cases. This may be disappointing to others but as expected by us. We have been repeatedly informing pensioners in general and our Fedn. members in particular that we cannot expect anything dramatic to happen before  March 17  when some decisions on bank pensioners may be taken by the govt. Pensioners will do well understand the dramatic descriptions of the happenings on our cases in the Delhi High Court similar to a ball to ball commentary on a cricket match, and all the opinions by legal experts before and after completion of the argument have lost significance. We however hope that all the turns will end well. Incidentally to inform, the batch of appeals on 100% DR neutralisation to bank pensioners which was listed on 11/1 is likely to be heard by the SC on 18/1/217. With greetings,  GN Sridharan 

LET THERE BE LIGHT IN OUR LIVES..Oh ! Aditya !!

  GREETINGS TO ALL FELLOW PENSIONERS ON MAKARA SANKRANTHI DAY. HAPPY PONGAL .HAPPY MAKARA SANKRANTHI.

Delhi court order dated 6.1.17

Delhi Court  Order  dated 6th January 2017 click here. We send herewith the order of the Delhi HC which is self explanatory. In view of the categorical statement by the Sr Adv Sri Nidesh Gupta  contemplating application before the SC, we had to state as follows:    1) it is confirmed that we in the Federation of Retired Class I Officers Associations had no role to play on extension matters, as originally and unfairly alleged by a couple of 'leaders' and which we had strongly refuted by us. 2) it is left to pensioners to guess what would happen or anything worthwhile would happen at all, as we feared in our recent circular dated 0th instant and  3) notwithstanding the above, we are gearing up on our part to reply the LIC affidavit on financial implications and we shall not lag behind in giving fitting reply affidavit, after we receive the LIC affidavit copy, which is yet to reach us.  Once again Greetings for Happy Makhar Sankaranthi  GN Sr

What is in store for us on or after 25th Jan 2017 ? From GNS

What is in store for us on or after 25/1? The cases in Delhi HC, as already informed, stands adjourned to  25th Jan. We wanted to be calm till we know the contents of the LIC's expected affidavit though it is bound to reflect only the same stand taken by them in their reply to our writ. There is however the usual set of forces who would not allow pensioners to relax even for while!  In such a situation we have necessarily to share some of our views with our members and hence this communication. The batch of cases concerning the bank pensioners on the issue of 100% DR neutralisation is coming up before a bench of the Supreme Court on 11/1 and the stand of the Govt on them will be an indication on our similar demand. Another batch of writs of SBI pensioners is likely to be heard by the same bench of Delhi HC on7/2. The All India Bank Retirees' Federation has decided to hold a massive Dharna at Jantar Manthar Delhi on 7/3. Hopefully all those wil