Federal Bank Ltd vs Sagar Thomas & Ors on 26 September, 2003
30. So far as judgment of Otis (supra) is concerned, in that case the EPF
Scheme 1995 was challenged which has been dismissed by the Hon'ble
Supreme Court and held that the EPF Act is social welfare legislation
and if legislation is not patently arbitrary, the Hon'ble Supreme Court will
not monitor implementation of such policy unless the same is
discriminatory and arbitrary. Since the scheme is for the welfare of the
employees, the same cannot be held to be violative of Constitution of
India.