<div>Bank spends 5L, 9 yrs to deny 9L VRS
CUnnikrishnan TNN
Mumbai: The Central Bank of India spent Rs 5.33 lakh in a 10-year legal battle to avoid paying Rs 9.5 lakh as retirement benefit to an employee on the grounds that she died two days before they cleared her name for the voluntary retirement scheme (VRS).
But both the Bombay high court and the Supreme Court have ruled Homai Darayas Postwala
More...
CUnnikrishnan TNN
Mumbai: The Central Bank of India spent Rs 5.33 lakh in a 10-year legal battle to avoid paying Rs 9.5 lakh as retirement benefit to an employee on the grounds that she died two days before they cleared her name for the voluntary retirement scheme (VRS).
But both the Bombay high court and the Supreme Court have ruled Homai Darayas Postwala
More...