Once Pension Is Credited To Bank Account, It Loses Statutory Protection & Can Be Recovered For Guarantor’s Liability: J&K&L High Court

Explaining that the statutory protection over pensionary benefits does not extend beyond the stage of actual payment, the High Court of Jammu & Kashmir and Ladakh has held that once pensionary benefits are credited to a pensioner’s bank account, they lose the protection under Section 11 of the Pensions Act, 1871 and can be subjected to recovery towards enforceable contractual…