-1- IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION WRIT PETITION NO.997 OF 2005 Vijay Nemichand Bhalgat. .. .. Petitioner v/s. Indian Drugs & Pharmaceuticals Ltd. & ors. .. .. Respondents Ms.Gayatri Singh for petitioner. Ms.Ritu Singh for res.Nos.1 to 3. Mr.Kiran Kandpile for res.No.4. ---- CORAM : H.L. GOKHALE & CORAM : H.L. GOKHALE & CORAM : H.L. GOKHALE & S.C.DHARMADHKARI, JJ. S.C.DHARMADHKARI, JJ. S.C.DHARMADHKARI, JJ. DATE : 27TH APRIL 2005 DATE : 27TH APRIL 2005 DATE : 27TH APRIL 2005 P.C. : P.C. : P.C. : 1. Heard the learned Counsel for the parties 2. The petitioner is seeking a writ of mandamus that his application for Voluntary Retirement Scheme (VRS) ought to be accepted. An exhaustive reply has been filed and it has been explained by the Director (Marketing and Finance) placing on record that core team had to be retained for the purpose of accounts and connected activities. It cannot be said that because a scheme of VRS is floated, it is mandatory for the management to accept each and every such -2- application. In the instant case, cogent explanation has been given by the respondents as to why the petitioner’s application was not accepted. No reason to interfere. Petition is rejected. (H.L. GOKHALE, J.) (H.L. GOKHALE, J.) (H.L. GOKHALE, J.) (S.C.DHARMADHIKARI, J.) (S.C.DHARMADHIKARI, J.) (S.C.DHARMADHIKARI, J.)