No benefits can be granted to LIC employees in absence of Rules framed: SC [Read Judgment]

Supreme Court in Krishna LIC of India vs. Murari Lal Asthana has held that no benefits can be granted to the employees Life Insurance Corporation of India only on the basis of the resolution passed by the corporation in the absence of a Rule framed in that regard. Apex Court bench comprising of Justices Dipak Misra and Shiva Kirti Singh remanded the matter to respective High Courts.The...