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Sunday, March 20, 2016

Reply to Bhargava's comments

B.D.Bhargava’s remarks:

C.H.Mahadevan has calculated arrears of Mr Asthana up to 7.5.2015.
Whereas he should have taken arrears up to date of Jaipur High Court
judgment.


My response:

I have not calculated the arrears of Mr Asthana upto 7/5/2015, but
had calculated them as at 31/8/2015 as LIC had paid IR to the 1200
plus pensioners as per the SC directions on 7/9/2015 for payment
within two weeks. The payment was made by LIC in September 2015 for
pensioners identified by it.

I have not calculated upto the present date,viz., 29/2/2016 because, I
wanted to compare the percentage of IR paid to the dues actually
payable on the relevant date. As stated by me the IR worked out to
1.3% of the dues as at 31/8/2015 against the percentage of 20%
stipulated by SC.

Greetings.
C H Mahadevan