Reserve Bank of India
Act 1934, the terms and conditions of service of the staff
(including officers) in the Reserve Bank were revised and
regulated ... Reserve Bank of India Act, 1934 , hereinafter
referred to as "the Act". Under the Reserve Bank of India
(Staff) Regulations, 1948 framed under
Reserve Bank, to exercise his option for Pension Scheme under the Reserve Bank of India Pension Regulations 1990.
(2) The petitioner was a confirmed Staff ... employees of the Reserve Bank of India pertaining to reretirement from service are contained in the Reserve Bank of India Staff Regulations 1948. Hence
said form was prescribed under Regulation No. 106 of the Reserve Bank (Staff) Regulations 1948. Having made such a declaration it must be held that ... took the view that the Reserve Bank of India (Staff) Regulations, 1948 were contractual regulations and not statutory regulations, in respect of which this Court
conditions of the
employees of the Reserve Bank are governed by the Reserve
Bank of India (Staff) Regulations, 1948 and Administrative
orders passed from time ... Reserve Bank
has its offices at nearly 15 centres throughout India. The
service conditions were governed by the Reserve Bank of
India (Staff) Regulations
Promotion) Rules; and
(iv) Regulation 25(2) of the Reserve Bank of India (Staff) Regulations, 1948, (hereinafter referred to as 'the impugned Rules ... Annexure-A) made under Regulation 25(2) of the Reserve Bank of India (Staff) Regulations, 1948. In fact an attempt was made by some
administration"- The Bank, on the other hand, claimed that under the Reserve Bank of India Staff Regulations, 1948, the Bank had the absolute discretion ... civil court. In this connection, he refers to the Reserve Bank of India (Staff) Regulations, 1948 passed by the Bank and to the declaration made
staff of the Reserve Bank of India, the Central Board of the Bank of India, the Central Board of the Bank hereby make the following ... Regulations, Reserve Bank of India (Staff) Regulations is also mentioned. The reference is perhaps to the Staff Regulations of 1941, which was also executive
Reserve Bank of India having served the Bank till they attained superannuation; that the services of the petitioners were regulated by Reserve Bank of India ... which date, the Reserve Bank Pension Regulations have come into force; that Regulation 26(4) of the Reserve Bank of India (Staff) Regulations,-1948 permits
Reserve Ban of India
(Staff) Regulations, 1948.
4. Your said act amounts to misconduct within the meaning of Regulation
47(1) of the Reserve Bank ... accordingly issued to you under Regulation 47 of the Reserve Bank of India
(Staff) Regulations 1948.
5. You are hereby called upon to answer
Jayshreeben Krishnalal Somani vs Central Bank Of India & 2 on 7 November, 2016
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