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UOI has still to file replies in 2 petitions.

GNS INFORMS:


Re:  Court proceedings 27/9    

The matter came up today as scheduled.

 Only LIC  & our federation were both represented by sr.counsels besides advocates on record. While a new sr.counsel appeared for LIC all others had only their advocates present.

 The bench observed that all parties have filed their respective rejoinders and that only  the UOI has still to file replies in two petititons and directed to file them in two days.

Our sr counsel mentioned that LIC could have evolved suitable/correct method on calculating the amount due under 40 p.c. Interim Relief. The judge observed he will deal with this issue at the
next hearing and ordered the matter to be listed again on 17/10/2016

GN Sridharan

 Gen.Secy Fedn.of Retd. LIC Class 1 officers' AssnS.

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