Dear Mr Asthana,
- The matter is not so naive to think that we are benefiting the pensioners through securing interim relief of whatever pittance LIC may like to dole out to the pensioners.
- Because of the percentage of interim relief ordered by SC being 20% and the SC allowing LIC to withdraw 20% of the amounts deposited in the HC registry for paying to the pensioners,an attempt has been made by LIC to mislead the Supreme Court that whatever amount was deposited by them was the due amount which is not the case.
- This fact was also not effectively impressed upon the Apex Court on 7th May 2015 by the respondents' counsel. Now LIC is trying to take full advantage of the apparent perceived ambiguity in the SC order not only by not sticking to the deadline of 6 weeks, but also adopting dilatory tactics in the form of trying to belatedly withdraw 20% of the inadequate amounts deposited by them and trying to prove that they have complied with the SC order.
- In a way the Chandigarh order has called the LIC's bluff. Now it is for the respondents to take advantage of the development and obtain a favourable verdict from the SC on 23/9/2015.
C H Mahadevan