https://www.taxtmi.com/caselaws?id=312062 The Supreme Court reiterated that subsidiary banks of the State Bank of India remained separate corporate entities with their own capital structure, boards, staff and service conditions. Section 50(2) of the State Bank of India (Subsidiary Banks) Act, 1959 preserved that separate status by providing that subsidiary-bank employees were not deemed to be State Bank of India employees unless their contract so stated. Supervisory control by the parent bank, including nomination of directors and directions, did not destroy that autonomy. The doctrine of equal pay for equal work applied only where real comparability and identifiable discrimination were shown, which was not established here for terminal benefits, medical benefits or increments. en-us Wed, 15 Oct 1997 00:00:00 +0530 Tue, 30 Jan 2024 17:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312062 The Supreme Court reiterated that subsidiary banks of the State Bank of India remained separate corporate entities with their own capital structure, boards, staff and service conditions. Section 50(2) of the State Bank of India (Subsidiary Banks) Act, 1959 preserved that separate status by providing that subsidiary-bank employees were not deemed to be State Bank of India employees unless their contract so stated. Supervisory control by the parent bank, including nomination of directors and directions, did not destroy that autonomy. The doctrine of equal pay for equal work applied only where real comparability and identifiable discrimination were shown, which was not established here for terminal benefits, medical benefits or increments. Case-Laws Indian Laws Wed, 15 Oct 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312062