AN ATTEMPT HAS COME TO OUR NOTICE TO INTERFERE WITH YOUR 'NAVIGATION'
THROUGH VARIOUS CONTENTS OF THIS BLOG. EVERY TIME, A POP UP WINDOW
APPEARS AND INTERFERES WITH YOUR SMOOTH MOVEMENT. PROBLEM IS BEING
SORTED OUT.
Editor.
Saturday, March 31, 2012
Tuesday, March 27, 2012
LIC PAYS DIVIDENDS TO CENTRAL GOVERNMENT
Life Insurance Corporation
of India
has paid
to
Union Government
Rs.1137.99 crores as Dividends for the year 2010-11.
Friday, March 23, 2012
NO PENSION PAYMENT DURING MONTH END !
THOUGH PENSION PAYMENT IS DUE ON 1ST OF EVERY
MONTH, YOU ARE RECEIVING
OF YOU MAY BE
GETTING PENSION LATE BECAUSE OF YOUR OPTION TO RECEIVE
PENSION PAYMENTS BY
CHEQUE.
WE UNDERSTAND THAT NO PENSION WILL BE RELEASED DURING THE
CLOSING DAYS OF MARCH 2012.
RELEASE OF PENSION
THIS MONTH WOULD MEAN PAYMENT OF 13 MONTHLY PAYMENTS OF PENSION DURING
THE CURRENT
FINANCIAL YEAR.
TO AVOID THIS SITUATION, LIC HAS DECIDED TO RELEASE PENSION
ONLY ON 3RD OF
APRIL
2012, 1ST AND 2ND OF APRIL 2012 BEING BANK HOLIDAYS.
Thursday, March 22, 2012
CONTEMPT PETITION IN SUPREME COURT WITHDRAWN
CONTEMPT PETITION FILED IN THE SUPREME COURT WAS WITHDRAWN ON 19TH MARCH 2012. THE ORDER OF THE COURT WHICH IS SELF EXPLANATORY IS REPRODUCED BELOW:-
ITEM NO.15 COURT NO.6 SECTION XV
S U P R E M E C O U R T O F I N D I A
RECORD OF PROCEEDINGS
CONTEMPT PETITION (C) NO. 82-83 OF 2012 IN SLP(C) No.29956-
29957/2011 (FOR PREL.HEARING)
KRISHAN MURARI LAL ASTHANA Petitioner(s)
VERSUS
L.I.C.OF INDIA & ORS. Respondent(s)
(With office report)
Date: 19/03/2012 These Petitions were called on for hearing today.
CORAM :
HON'BLE MR. JUSTICE G.S. SINGHVI
HON'BLE MR. JUSTICE SUDHANSU JYOTI MUKHOPADHAYA
For Petitioner(s) Mr.P.S.Narsimha, Sr.Adv.
Mr.R.K.Singh, Adv.
Mr.Kumar Gaurav, Adv.
Mr. Rameshwar Prasad Goyal,A.O.R.(Not Present)
For Respondent(s) Mr.G.Venkataramani, Sr.Adv.
Mr.A.V.Rangam, Adv.
Mr.Buddy A.Rangandhan, Adv.
Ms.Richa Bhardwaj, Adv.
UPON hearing counsel the Court made the following
O R D E R
Learned senior counsel appearing for the
applicant submits that his client may be permitted to withdraw
the contempt petitions with liberty to file a fresh one because
the averments contained in some of the paragraphs of the list of
dates are inappropriate.
The request of the learned senior counsel is accepted
and
the contempt petitions are dismissed as withdrawn with liberty in
terms of the prayer made.
(Satish K.Yadav) (Phoolan Wati Arora)
Court Master Court Master
Wednesday, March 21, 2012
LEGAL BATTLE: CRUCIAL MONTHS AHEAD !
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| confusion... |
I’m receiving anxious enquiries from LIC pensioners…
They all want to know
what’s the present
position of the petitions
pending in the High Court
and the Supreme Court.
I try to explain. But all
my pleadings are of no avail.
Our pensioner-brethrens are all restless.
They want to have immediate result. But no significant
result is forthcoming….
The latest position is
this.
THERE IS A CONTEMPT
PETITION PENDING IN RAJASTHAN HIGH COURT.
But, as long as the
whole matter is pending in Supreme Court, we need not expect any significant
development to take place in the High Court.
NEXT COMES THE
CONTEMPT PETITION FILED IN THE SUPREME COURT.
It is understood, this
contempt petition emanates from the fact that LIC has failed to deposit the
amount Court had asked them to pay or deposit to the Court Registry. The court itself will interpret its own
orders in this matter. Let us wait and
see.
The all important legal
battle will be waged in the Court in the case of Special Leave Petition filed
by LIC. It was last listed on 7th
February 2012 and there are no further developments.
Let
us wait patiently. There will be clear
developments in this matter within a couple of months.
Editor
Saturday, March 17, 2012
Friday, March 16, 2012
.....THE BALL IS IN THE SUPREME COURT !
LIFE INSURANCE CORPORATION OF INDIA is an autonomous body.
![]() |
| Supreme Court |
The Board of Life Insurance Corporation of India has passed
a Resolution proposing certain changes in the Pension Rules. It has also resolved
that these changes would be implemented with the approval of Government of
India.
Government never approved these proposals.
Rajasthan High Court was moved.
It was argued, Government could interfere with a decision of
the Corporation. But it chose not to
interfere. No directive was ever given
against the Board resolution.
LIC being an autonomous body, it could have implemented its
own Resolution.
But there were clear hurdles. Pension Scheme was implemented in the
Corporation through a Government Notification dated 28-6-1995. Can the Corporation bring about changes on
its own now without a Notification being issued by Government of India
(GOI).
Rajasthan High Court order would suggest, LIC could
implement its Board Resolution. But LIC
thinks that Government approval is required.
Government of India has joined the issue in the Supreme Court. Government counsel will appear in the Supreme
Court today for the first time.
Now let us wait for Supreme Court developments !
Tuesday, March 06, 2012
PENSIONER LIST JUST RELEASED...
WELCOME
LIC PENSIONERS
KOZHIKODE DIVISION.
We are proudly releasing LIST OF LIC PENSIONERS Kozhikode Division
for your use.
Care has been taken to avoid mistakes.
However we request mistakes may be pointed out.
licpensionerscalicut@hotmail.com
LIC PENSIONERS
KOZHIKODE DIVISION.
We are proudly releasing LIST OF LIC PENSIONERS Kozhikode Division
for your use.
Care has been taken to avoid mistakes.
However we request mistakes may be pointed out.
licpensionerscalicut@hotmail.com
List contains names of beneficiaries who are getting pension following unfortunate death of Pensioners.
Monday, March 05, 2012
REGULAR PENSIONER LIST - Kozhikode Division
Friday, March 02, 2012
THANK YOU FOR YOUR VISIT !
We are extremely grateful to you. We note with gratitude that more than 300 pensioners visited
POSTPONED !
REPORTS REACHING US SHOW THAT……
· RAJASTHAN HIGH COURT CONTEMPT PETITION IS POSTED TO 27 MAR 2012.
· SUPREME COURT SPECIAL LEAVE PETITION DATE REMAINS AS 16 MAR 2012.
Contempt Petition in Supreme Court
SUPREME COURT will take up Contempt Petition today. We will wait to see what transpires in the Court.
A version of the earlier Supreme Court proceedings is as given below:-
Sri Salve requested the Bench to see that Union of India advises LIC to implement the orders.
The Bench asked Sri Salve the exact amount.
Sri Salve mentioned that the figure is not readily available.
The Bench then asked him the amount stated in LIC Board Resolution.
When Sri Salve replied it was around Rs 52 crores, Bench immediately ordered Sri Salve to ensure LIC deposits that amount within 3 weeks from today in Jaipur HC.
SC Bench then told the parties that SLP will be pursued after expiry of that period.
As per this version, Supreme Court has asked LIC to deposit a minimum of Rs.52 crores in the Court whereas LIC has deposited only Rs.4.35 lakhs.
The order finally passed by the Bench, however, did not specify the exact amount to be deposited. It merely notes that the “amount due to the employees” should be deposited.
It is hoped we will get some clarity in this matter.
Wednesday, February 29, 2012
SUPREME COURT DEVELOPMENTS
Contempt petition comes for hearing on 2nd March 2012 in the Supreme Court.
SLP will be taken up by Supreme Court on 16th March 2012.
Tuesday, February 28, 2012
Monday, February 27, 2012
CONTEMPT PETITION IN RAJASTHAN HIGH COURT
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YOU are visiting this site from today onwards to 2nd March 2012, which is the date when the Supreme Court will take up for consideration the Special Leave Petition, only to know the fate of Contempt Petition pending before the Rajasthan High Court.
While news regarding what developments took place in the Rajasthan High Court is still awaited, let it be understood that we should not expect any important development to take place in the High Court when the Supreme Court has ordered stay of contempt proceedings in the High Court.
Contempt proceedings in the High Court will get postponed from time to time.
DEPOSIT WITH THE COURT
Comments
It is a necessary requirement that the party moving a Special Leave Petition in the Supreme Court must submit to the order of the High Court first. Only then, the special petition will be taken up for consideration. A person sentenced jail imprisonment by High Court must report to jail authorities and submit to law before his petition against lower court is considered by Supreme Court.
It is for this reason that the Supreme Court ordered that the “amount due to the employees” (thereby meaning,’ Pensioners’) should be deposited in the Court.
It is reported that the Life Insurance Corporation of India has deposited Rs.4.35 lacs in the court. If LIC of India takes the stand that this is precisely the amount due to the pensioners/petitioners, it would sound a good legal argument that no further amount would be required to be deposited with the court .
Sunday, February 26, 2012
WIN WE MUST !
An average LIC pensioner has many grievances. But at the same time he has the legitimate pride in saying that he is a pensioner.
But remember, there were those days when an employee retiring from LIC had no pension benefits at all. It is a disturbing thought for us to recollect that employees retired without pension. They had the misfortune or bad luck of retiring just with Provident Fund and Gratuity.
Whatever be the positive side of this system of providing provident fund and gratuity as retirement benefits, money received was "loose cash" however hard you try to invest the amount with utmost safety and security. Such loose cash is easily spent.
These ex-employees had hard and miserable days and some of them died penniless.
These ex-employees had hard and miserable days and some of them died penniless.
In this back drop, we are fortunate now to acknowledge that we receive a ‘decent’ pension these days. However court is seized of a particular aspect of our pension payment structure and rules. Court order says “pensioners who retired after 31-7-1997 are getting the benefit of dearness allowance on the basic pension, thus the petitioners (pensioners) have been divided in two categories in a discriminatory manner.”
Thus pension litigation is important in this way in so far as it seeks to obviate the different ways of calculation of Dearness Allowance to the different categories of pensioners and seeks to remove disparities.
But it must be said without an iota of doubt that the publicity unleashed by a section of our brethren that we have won the case etc. was wrong and not justified as the court case is still getting on.
Some of our pensioner-brothers were even calculating the benefits coming out of Rajasthan High Court judgment. This was really an orchestrated symphony and I feel that that by all means such tendencies should not have been knowingly supported.
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