(1.) Leave granted.
(2.) The Service Conditions of the employees of United Bank of India are governed by United Bank of India (Officers) Service Regulations, 1979 (for short, 'the Regulations). Regulation 19 of the Regulations reads as under:
(3.) The basic fact of the matter is not in dispute. Respondent No. 1 herein joined his services in the appellant bank as MMG Scale-II. On or about 13.2.1989, he sought voluntary retirement in terms of Regulation 19 of the Regulations. The Bank accepted his offer vide its letter dated 8.5.1989. Respondent No. 1 was allowed to take voluntary retirement w.e.f. 31.5.1989.