( read my observation after three news of Business Line)
Apex court reserves order on 100% DA neutralisation for pre-2002 bank retirees--Hindu Business Line dated 04.08.2017
V Mohana, another counsel for the petitioners, invited the court’s attention to the discrimination caused by the IBA circular of June 28, 2005. Judgment in the case should apply to all affected bank pensioners. The argument about the huge financial burden is without any substance or justification, he said. Meanwhile, the court sought some clarifications in the light of an earlier case of 100 per cent DA neutralisation having been dismissed.
In addition to above news, it is also in public domain that several cases pertaining to pension update or 100% DA have been languishing in court of law since long.
Right to pension cannot be taken away pending proceedings: Apex Court-Hindu Business Line -20th August 2013
Details of court order in civil appeal 1123 of 2015
Following is High court order of 2009.
Business standard news of the year 2009
The Bombay High Court on Monday struck down the circular issued by the Reserve Bank of India (RBI) withdrawing pension updation benefits for its employees. The judgment was passed while hearing a petition filed by a retired RBI employee in the Bombay HC. Responding to the petition, the RBI had filed that the circular was issued following a government order to withdraw the pension updation for its employees. The HC was of the view that the government cannot override a decision taken by the RBI’s central board just by writing a letter. It added that any order or advice to RBI should be p.....
Agsin in 2016 , ROB staff raised the issue. Please read news item published in Hindu Business Line