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2026 LLR WEB 1100 (ORISSA HIGH COURT)
Statutory protection of pensionary rights of employees transferred on nationalization survives despite a contractual condition disentitling them from pension.
PENSION - Nationalization of company - Statutory vesting and continuity of service - Protection of pensionary rights on transfer of undertaking - Estoppel against statutory entitlement - Sections 6, 11 and 12 of the Burmah Oil Company (Acquisition of Shares of Oil India Limited and of the Undertakings in India of Assam Oil Company Limited) Act, 1981 - Rule-4, Burmah Oil India Pension Fund - Petitioners, initially engaged on a temporary basis, were subsequently absorbed into regular service of Oil India Ltd.... subscribe to read more..
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