Background of the Case: This judgment pertains to a case involving an individual named Jyotirmay Ray, who was working as a Senior Manager in the Punjab National Bank (referred to as the “Bank”). Ray was compulsorily retired by the Bank, citing irregularities related to loans and cash credit facilities provided under the Credit Guarantee Fund… Read more »

FORM ‘U’ ABSTRACT OF THE ACT AND RULES   1.   Extent the Act.—The Act extends to the whole of India:       Provided that in so far as it relates to plantations a ports, it shall not extent to the State of Jammu and Kashmir. Section 1(2).   2.      To whom the Act Applies.— The Act… Read more »

In Vithal Rangnath Darekar Vs New India Insurance Company Ltd [2012 LLR 1027], the Bombay High Court has ruled that the right to receive gratuity is a statutory right and the gratuity cannot be forfeited due to conviction by criminal court for an offence (ie, kidnapping a girl) since such act does not come under… Read more »