* CHRONICLE - PENSIONERS CONVERGE HERE, DISCUSS ISSUES OF THEIR CHOICE * CHRONICLE - WHERE EVEN CHAT COLUMN PRODUCES GREAT DISCUSSIONS * CHRONICLE - WHERE MUSIC IS RISING IN CRESCENDO !

Sunday, September 20, 2015

Does simple deposit by LIC in pensioner's account without details to the beneficiary constitute compliance?


I would welcome any legal luminary among our pensioners to clarify whether the payment of the so called interim relief in the pensioners' bank accounts by LIC constitutes compliance with the Supreme Court order of 7/5/2015?

For all the payments made so far,how do the pensioners know except by word of mouth that the payment represents interim relief?

Fortunately one of the pensioners got a written reply to his query from SZO that the payment was made as per list sent by Central Office.

When any payment arises out of a contract or on a direction of court order will necessarily have to be accompanied by either a challan or a supporting working sheet to the beneficiary in case of court order directing payment.

In the absence of the accompanying details including calculations, the amount remains an unidentified credit in the account of the pensioners concerned with no scope for verification of the correctness of the calculations and challenge if need be.When there is no supporting document, is there not a risk that the credit may be reversed?

In my view mere depositing of the amount without correct details about the purpose and the workings as to how the amount was arrived at,the compliance of LIC is not complete.

Are there other views?

Greetings.
C H Mahadevan