Uti Retired and Vss Employees Social Association v. Unit Trust of India Asset Management Co. Pvt. Ltd.
Case brief
What is this about?
Maintainability of Article 226 writ petitions against UTI Asset Management Company Ltd. — held not 'State'/other authority under Article 12 (applying Mukesh Kapoor v. Union of India, W.P. No. 6512 of 2021, 20-06-2022); writ petitions disposed, pension-option claim under Pension Regulations 1994 (fresh option, arrears, 12% interest sought) not decided; liberty to pursue alternative remedy within two months with Section 14 Limitation Act benefit; contentions kept open. Parties: UTI Retired and VSS Employees Social Association; All India UTI AMC Officers Association; UTI Asset Management Company Ltd.; Union of India. Bench: G.S. Kulkarni & Aarti Sathe, JJ.; decided 17 January 2026; per curiam.
What did the court decide?
Liberty to pursue such other appropriate remedy as may be available in law, if so advised, to be initiated within two months, with the benefit of Section 14 of the Limitation Act; all contentions of the parties expressly kept open; the Interim Applications disposed of as nothing survives in them, keeping open all contentions.