Court puts on hold new promotion policy of JK Bank

Excelsior Correspondent

Srinagar, June 17: A local court here today restrained the J&K Bank in implementing the new promotion policy with the liberty to make the promotions in accordance with the previous promotion policy.
The All India J&K Bank Officers Federation through senior counsel Altaf Haqani has approached the court challenging the new promotion policy for promotion of Generalist and Specialist Officers of the bank.
The Officers Union alleged that the new promotion policy has been issued unilaterally and without taking on board the Union in total disregard to the past practice of notifying the policy only after the same is discussed and negotiated at threadbare with the Union.
It has been contended by the advocate Haqani that the new promotion policy did not disclose the number of posts to be covered therein as also the conditions of service of the officers cadre was writ large from the timing of the circulation of the said policy purported to have been made in November last year.
The counsel representing the bank while opposing the plea of employees of the bank contended before the court that some negotiations were taken up between the employees union and bank but the said negotiations were not binding upon the management of the bank.
He contended that the management of the bank has a discretion to frame the policy of the promotion as well as other affairs of the bank for better service conditions of the employees as such the negotiations and bilateral agreement does not give any right to the employees-union to file the plea against the bank.
The court of 1st Additional District Judge Srinagar presided by Ajay Kumar Gupta after hearing the parties at length viewed that the employees of the bank are going to be affected by the new promotion policy as such they have every right to call the same in question.
“…prima facie case, the balance of convenience and an irreparable loss for getting the interim relief. However, the defendant-bank are unable to convince the court for not passing the interim relief at this stage”, court said and restrained the bank to act upon and implement the new promotion policy.