https://www.taxtmi.com/caselaws?id=302007 The Supreme Court held that employees who retired before 1.4.2003 were not entitled to the wage revision benefits intended for employees on roll as of that date. The Court found the cut-off date justified due to financial restructuring needs and the employer's economic capability. Citing legal precedents, the Court emphasized that government company employees do not have a legal right to demand wage revisions. The appeals were allowed, setting aside lower court judgments, with no order as to costs. en-us Wed, 03 Dec 2014 00:00:00 +0530 Fri, 29 Apr 2022 20:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302007 The Supreme Court held that employees who retired before 1.4.2003 were not entitled to the wage revision benefits intended for employees on roll as of that date. The Court found the cut-off date justified due to financial restructuring needs and the employer's economic capability. Citing legal precedents, the Court emphasized that government company employees do not have a legal right to demand wage revisions. The appeals were allowed, setting aside lower court judgments, with no order as to costs. Case-Laws Companies Law Wed, 03 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302007