It is learnt that 20% payment has been MADE
to the pre-97 retiree petitioners of Jaipur by
direct credit to their respective Bank Accounts.
If this news is confirmed to be correct, the
theory that the withdrawal has nothing to do
with payment stands disproved.
This was expected of LIC for it to be able to make some bold postures in SC on 7th.
One has to now wait and see whether this will be happily acquiesced by the Jaipur Petitioners (just by looking the other way) or make any attempt to inform the SC that the payment thrust on some of the Petitioners, is totally unrelated to what is due under the Jaipur Judgement.
IA No 3 filed on behalf of Chandigarh Petitioners, will be vehemently pursued to its logical conclusion, ignoring the biased predictions of some small-minded onlookers. It was said 'any thing may happen'. Yes, any thing may happen.
Pensioners may gain big on 7th or they have nothing to lose.
Thanks and regards,
Sreenivasa Murty M