Heard both sides.

2. The petitioner is the management of a Co-operative Society. Aggrieved by the award made by the first respondent Labour Court in I.D.No.123 of 1996 dated 25.03.1998, the present writ petition has been filed. By the impugned award, the Labour Court has directed the reinstatement of the second respondent with full backwages, service continuity and other attendant benefits together with costs of Rs.400/-.

3. The writ petition was admitted on 11.09.1998. Pending the writ petition, this Court granted an interim stay. On the second respondent workman filing an application for vacating the interim stay, this Court by an order dated 12.09.2000 directed the petitioner bank to deposit a sum of Rs.35,000/-with the Labour Court. On such deposit, the Labour Court was directed to invest the same in a nationalised bank with the permission to the second respondent to withdraw quarterly interest. The petitioner bank was also directed to pay a sum of Rs.25,000/-towards backwages to the second respondent. Further a direction was granted to pay Rs.1050/-commencing from September 2000 towards monthly payment under Section 17-B of the Industrial Disputes Act, 1947 (for