We some 26 officers from reputed co-op. bank iwere given retirement at the age 55.The bank had made a resolution in 1979 which superceded the standing order which states that every employee will retire at the age of 55 and 1year extension will be granted for 3 times at the mercy of the bank but the resolution says that officer;s retirement will be 58.This resolution was made in 1979 and from 1979 to 2003 every officer was retiring at the age of 58. We are also in the orbit of 1979 resolution means we were officers before 2003.Bank had made another resolution in 2003 to bring down officers age at 55. We all officer although came in purview of 1979 reslution had been retired by the bank at the age of 55.We have gone in high court and the bank is stating that it has acted as per standing orders. While givng memo to officer bank has specifically stated in that, standing orders do not apply to officer cadre.and while giving say in court it has kept finger on standing orders in which it is stated that every employee will retire at the age of 55. Bank is playing double game. My query is whether standing orders apply to officer cadre? if yes why? if not why? and why bank is giving dual answer regarding standing orders application.
