V.K. GUPTA Vs. UNION OF INDIA

JUDGEMENT

(1.) Heard Sri B.B. Jauhari, learned counsel for the petitioners, Sri Satish Chaturvedi, appearing for respondents and perused the record.

(2.) This writ petition is preferred for the following reliefs:

(3.) The reliefs claimed by the petitioners are in the backdrop that Kashi Nath Seth Bank Limited, hereinafter referred to as 'KNSBL' was a Banking Company duly licensed by the Reserve Bank of India. It was amalgamated with the State Bank of India. After amalgamation, employees/officers of State Bank of India and their seniority etc. was to be fixed in terms of Chapter V of Notification No. S.O.-1010 (E) dated 31.12.1995 published in the extra ordinary gazette of India. Proviso 2 clause (iii) of said notification is quoted below for ready reference: