1, S. Jasra was 58 years and number 60 years as claimed by him, and declared that the respondent No.
1, M.S. Jasra has attempted to support the High Courts companyclusion including the reasons therefor.
1 is entitled to companytinue in service of Canara Bank till he attains the age of 60 years.
By the impugned Judgment dated 20th September, 1991 the High Court has allowed the Writ Petition Quashing the Reserve Banks letter dated 18th May, 1991 wherein it was stated that the age of superannuation of respondent No.
Leave is granted.
These representations made by M. S. Jasra were rejected by the Canara Bank as well as by the Reserve Bank.
Hence, this petition for grant of special leave to appeal against the High Courts Judgment has been filed.
1, M. S. Jasra then filed Writ Petition No.
1054 of 1992 From the Judgement and Order dated 20.9.1991 of the Delhi High Court in C.W.P. No 2199 of 1991.
CIVIL APPELLATE JURISDICTION Civil appeal No.
C. Gupta H.N. Salve, Inder Jeet Sharma, S.P. Sharma and H.S. Parihar for the Respondents.
Thereafter, the Reserve Bank prepared a scheme for amalgamation of the Lakshmi Commercial bank with the Canara Bank on August 23, 1985 under sub section 4 of Section 45 which was approved by the Central Government on August 24, 1985.
N. Bhat, S.R. Bhat, Mrs. L.M. Bhat and Alok Agarwal for the Appellants.
The Judgment of the Court was delivered by VERMA, J. Respondent No.
As a companysequence thereof, the services of the employees of Lakshmi Commercial Bank were companytinued on amalgamation in the Canara Bank and respondent No.
1, M.S. Jasra was fitted in the post of Divisional Manager in the Canara Bank.
Shri Harish N. Salve, learned companynsel for the respondent Reserve Bank of India has supported the companytention of Shri Bhat.
The Central Government, after companysidering the application made by the Reserve Bank under sub section 1 of Section 45 of the Banking Regulation Act, 1949 made an order of moratorium under sub section 2 thereof in respect of Lakshmi companymercial Bank of April 27, 1985.
S. Jasra, respondent No.
Respondent No.
1,M.S.Jasra, joined the service of the Reserve Bank of India in 1957, was promoted as a Staff Officer in 1970 and then as a Banking Officer in 1977.
The companytention of Shri K.N. Bhat, learned companynsel for the appellant, Canara Bank, is that the relevant provisions companytained in Section 45 of the Banking Regulation Act, 1949 read with the materials portions of the scheme for amalgamation framed by the Reserve Bank show that the employees of the Lakshmi companymercial Bank who are companytinued in the service of the Canara Bank, on amalgamation of the Lakshmi Commercial Bank with the Canara Bank are entitled, on their integration in the service of the Canara Bank, to the same remuneration and the same terms and companyditions of service which are applicable to the other employees of companyresponding rank or status in the Canara Bank and number to any higher or larger benefits irrespective of the fact whether the remuneration and terms and companyditions of service of the companycerned employee were better or worse prior to amalgamation in the Lakshmi companymercial Bank.
1 was aggrieved by his companytinuance in the Canara Bank as Divisional Manager since he claimed to be fitted against a higher post by virtue of the office of Assistant General Manager held by him in the Lakshmi companymercial Bank and he also asserted that he was entitled to companytinue in the service of Canara Bank till he attained the age of 60 years which was the age of superannuation for him in the Lakshmi Commercial Bank instead of 58 years, the age of superannuation in the Canara Bank.
M.S. Jasra applied in response to an advertisement issued by the Lakshmi Commercial Bank and was selected in 1983 for the post of Assistant General Manager which he joined in March, 1983.
The only question for decision herein is that of the age of superannuation.
2199 of 1991 in the Delhi High Court for grant of the relief that he was entitled to companytinue in service in the Canara Bank till he attained the age of 60 years instead of 58 years.
