Voluntary Retirement – Bank employee – Where the appointing authority does not refuse to grant the permission for retirement before the expiry of the period specified in the notice, there shall be deemed acceptance of the voluntary retirement application and the retirement shall become effective from the date of expiry of the period mentioned in the notice.
SUPREME COURT OF INDIA FULL BENCH INDIAN BANK AND ANOTHER — Appellant Vs. MAHAVEER KHARIWAL — Respondent ( Before : Ashok Bhushan, R. Subhash Reddy and M.R. Shah, JJ. )…

