Reports are reaching us from Allahabad that a writ petition has
been admitted by a Allahabad High Court Bench after hearing arguments whether LIC
comes under Industrial Dispute Act for the purpose of pension or not. The Bench rejected the arguments placed by
the Additional Solicitor General and the Advocate for LIC in this matter.
It is intended through this Writ Petition to press for updation
of pension with every wage revision. Details are awaited.