https://www.taxtmi.com/caselaws?id=175810 The Division Bench held in Bank of India v. O.P. Swarnakar that a respondent who accepted payments under a voluntary retirement scheme could not withdraw, emphasizing the doctrine of estoppel. The respondent's actions of utilizing the payments for various purposes indicated acceptance of the benefits, precluding withdrawal despite pending legal challenges. The Court allowed the appeal, overturning the High Court's decision and denying the respondent's plea to withdraw from the scheme. No costs were awarded in the case. en-us Wed, 21 Apr 2004 00:00:00 +0530 Mon, 07 Dec 2015 19:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175810 The Division Bench held in Bank of India v. O.P. Swarnakar that a respondent who accepted payments under a voluntary retirement scheme could not withdraw, emphasizing the doctrine of estoppel. The respondent's actions of utilizing the payments for various purposes indicated acceptance of the benefits, precluding withdrawal despite pending legal challenges. The Court allowed the appeal, overturning the High Court's decision and denying the respondent's plea to withdraw from the scheme. No costs were awarded in the case. Case-Laws Indian Laws Wed, 21 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175810