Dear Sir
It is very strange LIC management is asking for further time again and again. Are they looking for the clearance from the Finance Minister or Prime Minister? This will never come. We are all aware that Central Govt. is sitting on most of the issues and technically UPA II regime is non functional for last number of years. LIC Pensioners case has also stuck there. This needs to be understood by LIC Chairman. He will realise only when he reaches at 70 i.e. 10 years after retirement losing two Pension Revisions by that time.(Shri Kapur's frustration could be well understood. But in court cases, delay of this nature is only natural. LIC is moving carefully and at every stage they may be discussing the matter with GOI. Though the theory is different, we should not be under
any notion that LIC Chairman has any independent role.
2.Jaipur Court will finally come out with its orders but there will be an appeal to the Supreme Court by the aggrieved party i.e. LIC or Shri Asthana. And the Supreme Court orders will have the last say in the matter as an independent observer may reasonably presume. So let us be mentally prepared to confront more delay in the matter. -Ed.)