The break news suggests some ground is broken. Though matters are not moving with break-neck speed still it is good enough. If the order is for release of 20 per cent of all amounts due to pensioners, the indication is definitely positive and encouraging. It would be a set back to UOI ( which is steering and driving LIC from backseat.)
Congratulations to counsel Shri Nidheesh Gupta and AIRIEF. My thanks to you also Shri PG for almost live coverage. Shri MSM did a fine job of keeping everyone informed of each development.
Now all of us in 70s or 80s can spend some quality time in summer with our children and grandchildren (subject to their availability or nearness) and wait for COME SEPTEMBER . Hope some of us remember the comedy with Rock Hudson and Gina Lollobrigida which we saw at the time of beginning of our career in LIC.
Still there is a lingering doubt ( as I have yet to see the court's order.) ....20 per cent of what Shri GNS wants or 20 per cent of what AIRIEF and Shri Asthana want? Or will LIC be free to have its own arithmetic once again? Hope the order in black and white will clear all doubts and leave nothing to ambiguity and uncertainity, as also several interpretations.