NATIONAL INSURANCE SPECIAL VOLUNTARY RETIRED/ RETIRED EMPLOYEES ASSOCIATION & ANR.versusUNITED INDIA INSURANCE CO. LTD. & ANR.
2018 INSC 100126 October 2018Leave Granted & Dismissed
The appellants, former employees of United India Insurance, retired under the General Insurance Employees’ Special Voluntary Retirement Scheme, 2004 (SVRS‑2004) and claimed that they were also entitled to the notional five‑year service benefit provided under the earlier General Insurance (Employees) Pension Scheme, 199…
NEW INDIA ASSURANCE CO. LTD.versusRAGHUVIR SINGH NARANG & ANR.
2010 INSC 12225 February 2010Appeal(s) allowed
The Supreme Court examined whether Development Officers of New India Assurance who exercised the Special Voluntary Retirement Package (SVRP) under the 2003 Amendment Scheme could withdraw their option before the employer’s acceptance. The Court held that the SVRP is part of a statutory scheme framed under Section 17A o…
DR. SUHAS H. POPHALEversusORIENTAL INSURANCE CO. LTD. AND ITS ESTATE OFFICER
2014 INSC 9211 February 2014Appeal(s) allowed
Dr. Suhas H. Pophale occupied a flat in the Indian Mercantile Mansion under a leave‑and‑license agreement dated 20‑12‑1972, which was later deemed a tenancy under Section 15A of the Bombay Rent Act (effective 1‑Feb‑1973). The premises became owned by Oriental Insurance Co. Ltd., a government‑owned company, on 1‑Jan‑197…
NATIONAL INSURANCE CO. LTD. & ANR.versusKIRPAL SINGH
2014 INSC 2210 January 2014Dismissed
The respondents, employees of National Insurance Co., opted for voluntary retirement under the General Insurance Employees Special Voluntary Retirement Scheme, 2004 (SVRS 2004) and claimed pension under the General Insurance (Employees) Pension Scheme, 1995. The insurers rejected the claim, arguing that pension under t…
