BIREN VAISHNAV, PRANAV TRIVEDI
Surendranagar Peoples Co-Operative Bank Ltd – Appellant
Versus
Gujarat Bank Workers Union – Respondent
JUDGMENT :
(Biren Vaishnav, J.)
1. All these appeals under Clause 15 of the Letters Patent have been filed by the Surendranagar Peoples Co-Operative Bank Ltd and its liquidators challenging the common oral judgement dated 23.03.2016, by which, the learned Single Judge dismissed the petition.
2. The appellant is a cooperative society which at the relevant time was engaged in banking activity. The Industrial Tribunal by its order dated 12.02.2013, partly modified the judgement and order passed by the labour Court in BIR Application No.2 of 2006, whereby the Labour Court had directed the petitioner bank to pay lump-sum compensation of Rs.75,000/- to each of the 28 workmen concerned in the proceedings. By an order dated 12.02.2013 passed by the Industrial Tribunal at Rajkot, the Industrial Tribunal partly allowed the appeals filed by the workmen directing the petitioner bank to pay 50% back-wages from the date of termination of their service until the date of liquidation. It was the case of the learned counsel for the appellant that the bank was declared as financially weak and ordered to be liquidated. The Registrar of Cooperative Societies had directed the bank to reduce the expenditur
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