To recover retired official’s dues, court auctions ACs, cars of bank - Mandi Gobindgarh News

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Saturday, August 10, 2019

To recover retired official’s dues, court auctions ACs, cars of bank


To recover retired official’s dues, court auctions ACs, cars of bank

Tribune News Service

Gurdaspur, August 9

Scores of employees of Gurdaspur Central Cooperative Bank were flummoxed when judicial officials, armed with ‘property attachment orders’, walked in the bank just before 5 pm and started dismantling all four air conditioners installed in the compound before starting auction proceedings.

Apart from the ACs, three old Ambassador cars and a generator were also put under the hammer. After auctioning all these entities, the court managed to collect Rs 1.59 lakh, while the amount to be paid to former Assistant Manager Bakshish Singh, who had petitioned the court following non-payment of his post-retirement dues, stood at Rs 17 lakh. Initially, he was to be paid Rs 12.22 lakh but the court ordered that he be paid dues with interest following which this amount was pegged at Rs 17 lakh.

Later, bank officers gave in writing that the remaining amount would be deposited with the court within a month. Bakshish Singh retired on October 31, 2014, after putting in 34 years of service. Earlier, when he was posted in the bank’s Kahnuwan branch and he was allegedly involved in a fraud of Rs 1.40 crore along with 12 other persons. He was named in the FIR but later he was acquitted by a court. A year after his superannuation, keeping in view the fact that the bank was not willing to pay him his benefits citing the old embezzlement case, he moved a Gurdaspur court and became involved in a protracted legal battle with his former colleagues.

The lower court asked the bank to pay him his benefits but instead of doing so the bank moved the Sessions Court challenging the order.

The Sessions Court rejected the appeal of his employers but due to some reason the orders did not reach senior officers who were to prepare documents pertaining to his payment. Finally, on July 1 this year, Bakshish Singh and his lawyer presented themselves in front of the judge who ordered the immediate auction of the bank’s assets.

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