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Retirement notice takes effect if not refused in time: SC
Summary by HR Katha
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1 Articles
Retirement notice takes effect if not refused in time: SC
The Supreme Court of India has ruled that when an employee submits a notice for voluntary retirement, it automatically becomes effective once the notice period ends—unless the employer formally refuses within that period. Any disciplinary proceedings or dismissal orders issued after retirement are invalid. This decision came in a case involving UCO Bank and its former manager, SK Shrivastava. Shrivastava had joined the bank in 1983 and rose to t…
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