AIBOC has filed a writ petition in Delhi High Court against the new PLI scheme for banks introduced by the Government of India. The petition has been filed under Articles 226 and 227 of the Constitution of India. It challenges certain actions related to the Performance Linked Incentive (PLI) scheme. According to the notice, the case will be listed for hearing on 30 March 2026 at 10:30 AM, or shortly after that, depending on the court’s schedule. The petitioners are being represented by a team of lawyers, including Rajiv Agarwal, Meghna De, L. Gangmei, and N. Bhushan.
The petition has been filed by AIBOC, AIBEA and NCBE. UFBU has 9 constituents – AIBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF, INBOC, NOBW, NOBO. Out of 9, only three unions have filed the petition against the new PLI scheme.
Important Points of Writ Petition
- The writ petition has been filed against the new PLI scheme dated 19.11.2024 in violation of Bipartite Settlement dated 08.03.2024.
- The impugned PLI Scheme is arbitrary, discriminatory, and violative of Article 14, 16, and 21 of the Constitution of India.
- The matter is pending with CLC, still the Government has asked banks to credit PLI to senior executives.
- A PLI agreement was signed in Bipartite Settlement for all officers – Scale I to Scale VII but the PLI has been modified unilaterally.
- During the signing of Bipartite Settlement, it was decided that the PLI scheme introduced under the 11th Bipartite Settlement and the 8th Joint Note dated 11.11.2020 will continue. But the Government ignored this settlement.
- Petitioners have request court to issue a writ of certiorari or a writ of similar nature quashing the new PLI scheme till the conclusion of the conciliation proceedings and issue a writ of mandamus or a writ of similar nature directing Govt to maintain status quo and pass order in favour of petitioners.
Read AIBOC Writ Petition against New PLI Scheme
