(1.) LEAVE granted.
(2.) WE may, for the disposal of these appeals, deal with the facts in Civil Appeals arising out of SLP (C) Nos. 30983-30986 of 2008, since common questions arise for consideration in all these appeals.
(3.) LEARNED senior counsel appearing for the respondents banks submitted that the High Court had rightly denied the claim of pension to the appellants who had resigned from their respective service before the settlement reached between All India Bank Officers Federation and Indian Bank Association (for short 'IBA ') and that Regulations 1995 would not apply to the appellants. Further, it was pointed out that the appellants had resigned prior to 1.1.1993 and were not covered by the Statutory Settlement or the Joint Note dated 29.10.1993 and the Regulations 1995. It was pointed out that the reliance placed by the appellants either on Regulation 29 or Regulation 22 in support of their contentions was completely misplaced since the appellants were not covered by the scheme of pension introduced by the respective banks with effect from 1.11.1993. LEARNED counsel appearing for the banks submitted that the judgment of this Court in UCO Bank and Others v. Sanwar Mal (2004) 4 SCC 412 squarely applies to the facts of the present case. In that case, the very same regulation came up for interpretation and the identical reliefs sought for, which were rejected by the Court. Further, it was also pointed out that Sheelkumar Jain 's case (supra) was interpreting an insurance scheme which is, not comparable with the Regulations 1995 applicable to the banks.