Few days back we received a mail from one of our regular readers, Mr Perumal Maruthu from Chennai, wherein he sent us the mail published by Mr Rangarajan of SBM after the historic judgment of Karnatka High Court  on restoration of 5Years Notional Benefit to the SVRS2001 Pensioners despite a clear verdict of Supreme Court of India in the case of Mohandas Vs GOI/BOI delivered in 2009.  A few Banks like SBM / Vijaya Bank wantonly refused to extend the benefit and preferred to engage the poor pensioners in unnecessary litigations with a sole motive to deprive them of their legal entitlement.

Now we have received the full version of judgement, which can be now downloaded by clicking the link given below :-

DOWNLOAD   FULL  VERSION  OF  THE  KARNATAKA  HIGH  COURT  AGAINST  SBM AND VIJAY BANKS  FOR DENYING  5 YEAR BENEFIT

We also give below extracts from the mail received by us :

"THE MUCH AWAITED JUDGEMENT WAS DELIVERED ON 8THMARCH, 2012 BY THE KARNATAKA HIGH COURT. IT IS ANOTHER MILE STONE IN THE LONG LEGAL STRUGGLE SINCE ALMOST 1ST APRIL, 2001 WHICH THE ASSOCIATE BANK MANAGEMENTS AND A FEW OTHER NATIONALISED BANKS HAVE TRIED TO MAKE IT LITERALLY A FOOL’S DAY. TIME HAS TO DECIDE WHO IS A FOOL. WHETHER THE LEGAL HEADS (PARTICULARLY SBM) OR THE PENSIONERS IN HAVING FOUGHT THE LEGAL BATTLE.

A FAMOUS KANNADA FILM “BOOTHAYYANA MAGA AYYU” (MEANING A PESON NAMED “AYYU THE SON OF BOOTHAYYA”) WAS AN EYE OPENER ON THE WISDOM OF DRAGGING MATTERS TO THE COURT WHERE BOTH THE OPPONENT LAWYERS BECOME VERY RICH AT THE COST OF THE LITIGANTS AND BOTH THE PARTIES INVOLVED IN THE BATTLE SUFFER AGONISINGLY IN MANY WAYS.

ON THE CONTRARY NOW IT IS THE TURN OF BANKS TO CUT A SORRY FIGURE BEFORE ITS OWN PENSIONERS WHO TOILED FOR THE SAME INSTITUTIONS WHOLE HEARTEDLY BUT HAD TO LEAVE THE BANKS ON INTRODUCTION OF V.R.S.

 
ON THE NEGATIVE SIDE EMPLOYEES HAVE LOST: