Supreme Court of India

The Punjab State Cooperative Agricultural Development Bank Ltd. v. The Registrar, Cooperative Societies and Others

Neutral citation
Bench Ajay Rastogi and Abhay S. Oka JJ.
Decided 11 January 2022

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

From the headnote

Service Law – Punjab State Cooperative Agricultural Land Mortgage Banks Service (Common Cadre) Rules, 1978 – r.15(ii) – Employees Provident Fund and Miscellaneous Provisions Act, 1952 – Constitution of India – Articles 14, 16, 21 – Pension Scheme – Retrospective amendment taking away the benefit available to employees under the existing rule – Correctness of – Held: An amendment having retrospective operation which has the effect of taking away the benefit already available to the employee under the existing rule would divest the employee from his vested/accrued rights and is thus violative…

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