https://www.taxtmi.com/caselaws?id=106032 A challenge to the reduction of retirement age from 60 to 58 failed because the Board quorum was assessed by the total strength of the Board, not by vacant sanctioned posts; with two directors present out of six, the resolution was validly adopted. The Court also upheld the Government memorandum permitting exemption from the earlier enhancement of retirement age, treating it as a policy decision taken in public interest and to preserve the undertaking's commercial viability. On the available material, the rollback was neither arbitrary nor discriminatory under Articles 14 and 16, and the plea of legitimate expectation was not entertained because it was not specifically pleaded. en-us Fri, 19 May 2000 00:00:00 +0530 Mon, 12 Mar 2012 13:37:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106032 A challenge to the reduction of retirement age from 60 to 58 failed because the Board quorum was assessed by the total strength of the Board, not by vacant sanctioned posts; with two directors present out of six, the resolution was validly adopted. The Court also upheld the Government memorandum permitting exemption from the earlier enhancement of retirement age, treating it as a policy decision taken in public interest and to preserve the undertaking's commercial viability. On the available material, the rollback was neither arbitrary nor discriminatory under Articles 14 and 16, and the plea of legitimate expectation was not entertained because it was not specifically pleaded. Case-Laws Companies Law Fri, 19 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106032