Authority: Supreme Court, Special Lok Adalat (Bench: Hon'ble Mr. Justice Vikram Nath, Hon'ble Mr. Justice Sandeep Mehta, Mr. Ranjit Kumar – Senior Advocate)
Order Date: 23 August 2026
Case Overview
- Petitioner: Krishnarao Vithalrao Bagale, appearing personally via video conference along with his wife and daughter, Ms. Varsha.
- Respondents: Union of India & Others, and Bank of Baroda (represented by Assistant General Manager (Legal) Mr. Devender Singh and counsel Ms. Praveena Gautam).
- Origin: Petition for Special Leave to Appeal (C) No(s). 22076/2023, arising from the impugned final judgment and order dated 16 November 2022 in WP No. 5120/2021 passed by the High Court of Judicature at Bombay, Aurangabad.
- Counsel for Petitioner: Mr. Puneet Singh Bindra (AOR), Mr. Rishabh Gupta, Ms. Kriti Dang, Mr. Chandra Raj Singh Chouhan, Mr. Devang Gupta, among others.
- Counsel for Respondent: Ms. Praveena Gautam (AOR), Mr. Pawan Shukla, Ms. Tissy Annie Thomas, Mr. Rohan Bansla, and senior advocate Ms. Vanita Bhargava.
- Key Issue: Determination of a compassionate allowance under Regulation 31 of the Banking Pension Regulations.
Final Outcome
- The parties mutually agreed that Bank of Baroda shall pay a Compassionate Allowance to the petitioner in accordance with Regulation 31 of the Banking Pension Regulations.
- The petitioner shall be entitled to a monthly allowance of Rs.44,040 (Rupees Forty‑Four Thousand and Forty Only), effective from 01 September 2026.
- The first monthly allowance shall be disbursed on or before 30 September 2026.
- It is clarified that, per the Banking Pension Regulations, in the event of the petitioner’s death, a family pension shall be admissible to his dependents.
- All disputes between the parties are deemed settled, and the petition is disposed of pursuant to the settlement.
- The award is to be drawn accordingly, with signatures of the AORs and the bench members.
Topics: Compassionate Allowance, Banking Pension Regulations