Authority: Supreme Court of India, Court No.2, Section IV (PH)
Order Date: 22 July 2026
Case Overview
- Parties: Appellant – M.C. Singla (deceased) thr. LR. & Ors.; Respondents – Union of India & Ors., including Indian Banks Association and Punjab National Bank.
- Civil Appeal No. 7993/2023, together with related CAs and TPs, was listed for hearing on 22‑07‑2026.
- Core issue: Whether the amendment under Clause 35(i) of the 1995 Regulations (as amended 2002) should be applied uniformly to all bank employees for annual pension computation, and the incorporation of Dearness Allowance merger provisions from the 7th to 12th Bipartite Settlements.
- Counsel for Indian Banks Association (Mr. Dhruv Mehta) and Punjab National Bank appeared; PNB sought additional time to file an affidavit and supporting documents.
Final Outcome
- The Court permitted Punjab National Bank to file an additional affidavit and documents addressing the above issues.
- The affidavit must detail the 7th to 12th Bipartite Settlements concerning the merger of Dearness Allowance for pension calculation, together with the relevant Joint Notes extracts; full settlements need not be filed but must be kept available with counsel.
- The matter was listed for further hearing on 12 August 2026 as part‑heard.
Topics: Pension Computation, Banking Regulation