Our Organisation along with members had filed writ petitions 14983/07, 6632/07 and 9952/07 in Madras High Court and which were followed up. The matter vigorously by our Zonal team at Chennai. We are pleased to inform that Honorable Madras High Court has on 14-12-12, allowed our petitions and directed the Bank to implement the order within 3 months of receipt thereof. All the pensioners, who retired prior to 1-112002 will be paid D.A. relief @ 100 % w.e.f. 1-2-2005. Canara Bank retirees had also filed similar writs and these are also disposed off.
This is a landmark victory for the retirees against injustice mitted out in the relevant wage agreement in 2002.
The Bank is, as usual, expected to go in appeal against the order in the Division Bench. We will keep vigil over developments.