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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
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BE HERE

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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
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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...
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