Judgment briefs
Supreme Court of India

The Reserve Bank of India v. M.T. Mani and Another

Payment of Gratuity Act, 1972 – RBI Pension Regulations, 1990 – Contributory Provident Fund

Allowed
Court
Supreme Court of India
Decided
23 May 2025
Citation
[2025] 5 S.C.R. 1128
Case no.
CIVIL APPEAL No. 13962/2024
Bench
Abhay S. Oka, Augustine George Masih

Issue for consideration

RBI issued Administration Circular No.1 on 14.09.2020 opening a last option for the serving and retiring employees to switch over to pension scheme from CPF scheme. Whether the fixing of the cut off date i.e. 01.07.2020 for grant of pensionary benefits and that too with law or is discriminatory and arbitrary.

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