HC bins plea against coop bank’s hiring

Cuttack: Orissa high court has ruled that service matters of cooperative banks do not fall under its jurisdiction as the state does not exercise any functional control over their affairs, while dismissing a plea challenging an appointment by the Cuttack Central Cooperative Bank (CCCB).The single-judge bench of Justice S K Panigrahi said that for any “other authority” to fall within the domain of the high court’s jurisdiction it should be discharging a “public duty” and the dispute between the parties shall persist regarding the non-performing of such public duty or function. “Though the state may promote such entities (cooperative banks) as part of its social policy or economic development initiatives, this encouragement does not equate to the performance of a ‘public function’,” Justice Panigrahi added.The petition sought intervention against appointment of seven employees of the cooperative bank on deputation as assistant manager in 2020 and then absorbing them in the cadre of manager in the same year. Bijay Kumar Pasupalak and four others filed the petition in 2020.“The CCCB operates under democratic control, and the ultimate authority regarding the service conditions of its employees lies with the management of the bank,” Justice S K Panigrahi further ruled.

Delhi High Court restores mandate of IOA ad hoc panel on plea seeking stay on WFI's functioning

The Delhi High Court reinstated the Indian Olympic Association's ad-hoc committee to oversee the Wrestling Federation of India. This decision came after a plea from notable wrestlers seeking to stop the WFI's operations. The wrestlers had protested last year against the former WFI chief over sexual harassment allegations. The Central Government had earlier suspended the WFI due to non-compliance issues.

New bank locker rules: Amendments to nomination rule for bank lockers, deposits proposed - heres what you should know

Finance Minister Nirmala Sitharaman introduced the Banking Laws (Amendment) Bill, 2024, proposing to increase the number of nominees allowed per bank account and locker from one to four. Nominees for deposits can be appointed successively or simultaneously, while for other purposes, they can only be appointed successively.

Madras high court quashes appointments of 16 junior admin assistants in TNLSA

The Madras High Court nullified 16 junior administrative assistant appointments in the Tamil Nadu Legal Services Authority, citing violations of service and recruitment rules by prioritizing references from influential individuals. The court also prohibited the regularization of contract employees without following proper service rules, though these individuals can participate in future recruitment processes if eligible.

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