The sixth Annual General Body Meeting of the Retired LIC Class I Officers' Association,Hyderabad was held today the 20th December 2015 at LIC ZO canteen hall.
The meeting was attended by about 40 members including seven new members who joined the Association at the start of the meeting.The gathering had a good mix of pre-August 1997 retirees and post July 1997 retirees.
Mr M Sreenivasa Murty who presided gave a detailed account of the developments that have been taking place on the legal front and the iniatives that he has been taking culminating in the latest direction issued by the Supreme Court that the Chandigarh petitioners shall be permitted to withdraw the amount deposited in the High Court registry.
Mr Sreenivasa Murty also elaborated on the initiative taken on behalf of our Association and emphasized the need to engage competent senior counsel for drawing the attention of the Supreme Court Bench to the acts of LIC not complying with the court orders in letter and spirit.He cited the instance of LIC not really implementing the SC Order of 7th May 2015 but paying an inadequate amount of interim relief to only a limited number of eligible pensioners with no relief for family pensioners.
Mr C H Mahadevan also stressed the need for strengthening the finances of the Association to provide support the painstaking efforts of Mr Sreenivasa Murty.Mr Mahadevan also proposed that the Association consider playing an enlarged role as an All India Association enrolling members outside our present jurisdiction for which due to paucity of time no decision would be possible in the meeting but detailed discussions may have to be held on the modalities in an Extraordinary General Body Meeting called for the purpose.
A number of members spoke expressing their views on some issues ,one member expressing the grievance of denial of interim relief to our Association members ignoring the in rem benefit ordered by the High Court.
The enthusiasm and positive response to the call of the President was reflected in a number of members, to begin with,contributing a total amount of Rs 57000 in the meeting towards the Legal Fund of the Association with a number of other members making an oral commitment of their contributions to be made shortly.Earlier a few days ago an amount of Rs 8000 was contributed by Visakhapatnam members towards the Fund.
A new set of Office Bearers were elected with Mr M Sreenivasa Murty as President and Mr Y V Subba Rao as Secretary besides others and six remaining members of the Executive Committee.
The meeting was followed by lunch.