DEAR MR. FORUM MEMBERS
I HAVE DOWNLOADED YOUR JUDGEMENTS . DOCK LABOR BOARD AND MAHANADI COAL FIELDS THE SERVICE CONDITIONS OF EMPLOYEES ARE GOVERNED BY " SHOPS AND ESTABLISHMENTS ACT " WHICH IS NOT ATTRACTED TO NATIONALIZED BANKS EMPLOYEES . THERE IS A JUDGEMENT ON INDIAN OXYGEN VS THE MANAGEMENT ON THIS . BANKS ARE GOVERNED BY THEIR OWN SETTLEMENTS BETWEEN THE UNITED FORUM OF BANK EMPLOYEES ( UNIONS ) AND THE INDIAN BANKS ASSOCIATION ( IBA ) ( MANAGEMENT OF BANKS ) . BUT I AM REALLY PUZZLED TO NOTE THAT CIVIL PROCEDURE CODE IS APPLIED BY THE SUPREME COURT IN TWO BANK CASES . AS PER THE SETTLEMENTS ,THE BENEFITS OF CRIMINAL PROCEDURE CODE AND CIVIL PROCEDURE CODE ARE NOT APPLICABLE TO EMPLOYEES OF BANKS AS PER THE SETTLEMENTS. WHAT THE BANKS DO IS , THEY DON'T GET THE PERMISSION LETTER FROM THE EMPLOYEES " WHICH IS A MUST " BUT CLOSE THE LOANS OF THE EMPLOYEES WITHOUT HIS KNOWLEDGE . ONCE THE LOANS ARE CLOSED , BRANCH CANNOT DEBIT ANY ACCOUNT AND GIVE CREDIT TO THE EMPLOYEES. EVEN IF THE EMPLOYEE RAISES THIS MATTER IN THE COURT , THE COURT WILL SAY " ARE YOU READY TO CLOSE YOUR LOAN ACCOUNTS ? " THEN IT IS " BY ORDER " ONLY . YOU WILL UNDERSTAND THE MEANING - JOSEPH WILFRED - 04/11/2013 AT 19:10 HRS.
