Life Insurance Corporation of India (Staff) Regulations, 1960

The case concerned claims by thousands of Life Insurance Corporation of India (LIC) workers who had been employed as temporary, badli or part‑time staff between 20 May 1985 and 4 March 1991, seeking regularisation (absorption) under the Srivastav Award and earlier Tulpule and Jamdar Awards. The Supreme Court examined w…

The Life Insurance Corporation of India (LIC) issued a notice to show cause under Regulation 39(4) of its 1960 Staff Regulations seeking removal of employee Mukesh Poonamchand Shah after his conviction by a Special CBI Judge for offences under the Prevention of Corruption Act and the Indian Penal Code. Shah challenged …

Shree Lal Meena resigned from LIC in 1990 because no voluntary retirement scheme existed, and later sought pension benefits under the LIC Employees' Pension Rules, 1995 which were retrospectively applied from 1993. The Supreme Court examined whether a resignation could be treated as voluntary retirement and whether the…

M.K. Hazra Chowdhury, an Assistant of Life Insurance Corporation of India (LIC), was found to have issued premium receipts to policyholders without actually receiving the premiums. He admitted the act in his reply, citing workload and family pressures, and sought leniency. A departmental enquiry under Regulation 39 of …