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In which of the following case the Supreme Court of India held that law of contract could be applied in…

Bank of India v O.P. Swarnakar applied Contract Act principles to voluntary-retirement arrangements in employment. The Court treated a non-statutory retirement scheme…

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In which of the following case the Supreme Court of India held that law of contract could be applied in industrial establishment.

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Bank of India v O.P. Swarnakar applied Contract Act principles to voluntary-retirement arrangements in employment. The Court treated a non-statutory retirement scheme through the rules of offer, acceptance and withdrawal. It also distinguished employment governed by statutes or statutory rules, so its reasoning is not a claim that every employment issue is governed solely by private contract.

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