Company introduced exit policy with 58 as the retirement age

My company now five month back introduced exit policy and saying 58 is the retirement age. I will be 58 in this Dec 2017 . there is option of extending for a year. But now they are refused to extend. we have joined the company as mergers. Do i have any option to fight, if the company right in there stand. please help me.
VIJAYA

Dear Mr Vijay, What is the Retirement age as mentioned in your Appointment Order? you have stated that you Joined the Company as a "Manager"
Please Clarify your statement "there is option of extending for a year"
By virtue of your Designation, you do not come under the purview of Industrial Employment Standing Orders Act & relevant Rules
Retirement after attaining 58 years in your case,appears to be fair

In general anywhere the retirement age is as per the state rules.
What is your company profile?
If it is a Factory or establishment, the retirement rules apply as per Standing orders or Factories rules / shops and establishment rules.
If the company does not want to extend your services you cannot fight back on that reason.

Sir Our Institution are permanently unaided english medium school but our some problem please can you help and guidance about employees provident fund rule.
1) if clock over based employees epf deducted.

My designation is V.P Technology, earlier there was no retirement policy, it is an industry body , non-profit organisation. We have joined has part of merger same part of our company, in our old company retirements age was 60. Boz management whats us join early we have joined before the formalities are done.

Dear Vijaya, you do not come under the definition of Workman as per I E S O Act.You will be governed by the Retirement age as mentioned in your Appointment Order mutually agreed & accepted.If Organization is really in need of your Service, you can apply for extension of Service depending upon circumstances.

hi..my father is working in charitable trust since he was joined there was no any age limit on retirement. Even in appointment letter no such clause mention... now this charitable trust asking my father for retirement on basis of age...my father age is 60...is it valid? can we go for extension?