THIS DISCRIMINATION WAS OBSERVED BY ME BUT IT HAD TO BE GIVEN SINCE THE CHAIRMAN AND MANAGING DIRECTORS ARE THE EMPLOYEES OF THE CENTRAL GOVERNMENT THOUGH PAID FROM LIC EXCHEQUER. IT IS THEREFORE THAT WHILE DEALING WITH THE BOARD RESOLUTION IN THE EARLIER WRIT PETITION I HAD TAKEN THE GROUND THAT THE BOARD IS AN EXTENSION OF THE CENTRAL GOVERNMENT SINCE TWO ARE THE SECRETARIES IN THE MINISTRY OF FINANCE, CHAIRMAN AND MDs ARE ALSO THE EMPLOYEES OF THE CENTRAL GOVERNMENT AND IF THERE IS A PRIVATE MEMBER HE IS ALSO REPRESENTING THE CENTRAL GOVERNMENT, THEREFORE, THERE WAS NO NEED FOR ANY FURTHER APPROVAL OF THE CENTRAL GOVERNMENT.
KML ASTHANA