https://www.taxtmi.com/caselaws?id=168278 The statutory option to count past service for pensionary benefits was mandatory because it required an employee to act within a fixed one-year period and the statute attached a deeming consequence for non-compliance. The scheme gave a choice between retaining prior retiral benefits or depositing them with interest to seek counting of past service, and a directory reading was rejected because it would defeat the deeming clause. The employee's earlier election under a pension scheme did not amount to a valid option for past-service counting, and no timely deposit was made. The transfer-of-service conditions were also unmet because the employee had resigned, had a long break in service, and lacked the required channel and consent. en-us Thu, 06 Sep 2007 00:00:00 +0530 Fri, 13 Nov 2015 19:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168278 The statutory option to count past service for pensionary benefits was mandatory because it required an employee to act within a fixed one-year period and the statute attached a deeming consequence for non-compliance. The scheme gave a choice between retaining prior retiral benefits or depositing them with interest to seek counting of past service, and a directory reading was rejected because it would defeat the deeming clause. The employee's earlier election under a pension scheme did not amount to a valid option for past-service counting, and no timely deposit was made. The transfer-of-service conditions were also unmet because the employee had resigned, had a long break in service, and lacked the required channel and consent. Case-Laws Indian Laws Thu, 06 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168278