Supreme Court Showdown: IBA/DFS vs MC Singla in a High‑Noon Final Fight

Описание: Final Showdown: MC Singla Faces IBA/DFS in a Supreme Court Standoff
#mcsingla #bank #pension #updation

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CHAPTERS
00:00 Intro
01:00 Hon'ble Justices Vikram Nath and Sandeep Mehta
01:33 Fundamental Conflict
02:02 MC Singla Final Disposal Appeal
02:30 Chief Justices Decree To Prioritise Cases Involving 80 year olds
02:41 Pension Updation
03:28 Alternative Updation Models
03:56 Reserve Bank of India Scheme Was The Start Of Updation Provision
04:39 MOU - IBA and Unions
05:00 Minutes Signed 1994 Under The Industrial Dispute Act 1947
05:50 Employees Made A Huge Decision and Choice
06:10 BPS 1995
06:19 Clause 35 of the BPS Regs
07:05 Lost In Regulatory Translation
07:54 Pensions Association Stepped In
08:04 IBA Affidavit in SC
08:19 Other Parties: Unions and GoI
09:04 Supreme Courts Tasks
09:22 Doctrine of Estoppel
10:14 2003 Amendments
10:50 Legal Framework Central Govt Civil Service Pension Rules
11:28 DS Nakara Principle
11:59 Discrimination By Retirement Date
12:32 RBI Pension Updation Granted
12:52 "Nature of Work" - RRBs Precedent
13:47 Supreme Court Weighing 1994 Minutes and DS Nakara Judgement
13:54 Summing Up
14:16 Unconstitutional Discrimination
14:31 Outro

Lack of retiree Updation has led to a fixed, often meagre, basic pension that does not keep pace with Year-on-Year inflation or rising medical costs. In one High Court case (Delhi), data showed real time value of retiree's pension without Updation over 20 years, had declined by at least 80%. The M.C. Singla case (SLP(C) No.5561/2016) vs. Union of India/IBA, is the flagship civil case most commonly cited and it’s currently going through the Indian Supreme Court system following multiple adjournments and delays since 2008 (2016 SC)! Violation of Articles 14, 21, 300A and Bank’s Regulation 56, are often cited in court cases.

Who This Is Podcasts For:
1 - Indian Bank Pension Retirees
2 - Indian citizens/families of Bank retirees
3 - Indians in diaspora