MEHAR SINGH Vs. PUNJAB NATIONAL BANK AND ORS.

JUDGEMENT

(1.) THE petitioner has claimed a writ of certiorari for quashing Annexure P -17 dated 17.05.2004 whereby the claim of the petitioner for pension in terms of Punjab National Bank (Employees') Pension Regulations, 1995, was declined.

(2.) THE petitioner joined respondent Bank on 6.12.1979 as a Clerk in the branch office of the respondent Bank at Panipat. The petitioner was promoted from time to time and attained the age of superannuation while working as Special Assistant.

(3.) THE claim of the petitioner has been declined on the ground that his option to be governed by Pension Regulations has been received after the last date for receiving option i.e., on or before 27.01.1996. Therefore, the option submitted by the petitioner cannot be treated to be valid option for pension and consequently declined his claim for pension. It was also found that records of the respondent Bank do not show that the petitioner exercised his option in response to the earlier circular dated 27.06.1994.