ashok k rao
27 March 2012 at 16:53
Hi,
Story - A co-operative Bank in Bengaluru has financed 35 flats to the buyers who were brought to the bank for loans, without properly verifying the credentials by the then Divisional Manager and Branch manager.
2. The builder was repaying the instalments on his own and many buyers were not even aware of the loan or instalments since they were all paid their share of commission to take the loan.
3. When I joined this bank about 1+ year before and got posted to this branch as Branch Manager, I understood the game and protested.
4. However, to recover a part of the loan, I was requested by the bosses to inspect a vaulable property in builder's wife's name which I did and a loan was approved.
5. Subsequently, he stopped paying the loan and the bank woke up. By that time, other banks with whom he had played, had initiated action against the builder and he is behind bars now for various offenses.
6. The Divisional Manager and the Loan officer of the branch are charge sheeted and under suspension. Other 10+ officials who processed the loans etc have been show caused. For issuing NOCs and inspecting the property I have also been show-caused and now received a flimsy charge sheet when the bank has not lost anything by these acts of mine.
The erstwhile Branch manager has since retired who was majorly responsible for lapses of processing, releasing, filing false inspection reports etc. Even the valuer who inflated the valuations has been scot free. I am demanding the bank to charge the erstwhile BM who has since retired. One Junior Officer has been also charge sheeted without giving show cause.
1. Can the retired official be charge sheeted?
2. I have no involvement in these loans, no loss to the bank-is the bank right in issuing me charge sheet?
3.I was asking the higher ups to charge the builder at that time and no action since they were scared that he might stop paying the loans.
There are many more who are into this but not charged by the bank due to contacts.
What to do?
regards,
ashok k rao
bengaluru
8095179247
gupta
27 March 2012 at 09:17
kindly let me know the date and year when labour cess on contruction workers became applicable in the state of Uttar Pradesh.
satyendra Sharma
27 March 2012 at 08:53
Dear Sir
I am working as Programmer at NIT Allahabad Central Govt on PB2-4800 Grade pay, present basic 20870.
I got selected in MP HIgh court services as Asst. Registrar with PB2-4200 Grade pay MP Govt JObs.
I just want to that my pay is protected in new job if have taken NOC from Present employer at time of interview to MP High court.
kashif
26 March 2012 at 11:37
A u.P govt employee is in continuous service since 1995 . If somebody finds today that he is underqualified ( passed an exam which is not equivalent to the essential qualification of his post, which he submitted at the time of appointment in place of essential qualification and the corrupt appointing authority accepted it with doses of vitamin M ) than what can be done to get him removed from the service. Can he be removed.
s.v.k.bhashyanth
26 March 2012 at 01:27
dear sir,
my name is bhashyanth. my father was died in august-2010 on duty in bus accident.he is cash ocher.on the middle journey bus accidnet was happen. but he successfully submited cash rs2lks to dept and after he joined in hospital.after one week he was expired.iwas applied for compansionate appointment. can i get the job ?? my father was got promotion from extra dept to dept in 2007. so officers said that there is no pension fecility.no pf. we are so poor. we have no property or other income source.i have a one brother he is studying inter. iam studying degree in distance mode. i was applied recently...jan 2012. can i get the job?? my mother and my brother depends on me. please give your valuble suggestion to me.
skg
25 March 2012 at 22:18
Dear experts
Three years ago i.e. in year 2008 a Company (transferor co.) having registered office at Delhi got merged into a big bombay
based/registered company (transferee co.) under a scheme of amalgamation approved by BIFR and accordingly employees of
Delhi co, become employees of Bombay based co..
In year 2011,an employee of Finance department of transferor company was terminated on grounds of surplusage and
reorganisation of his department and at the time of his f/f, certain dues ( above Rs. 3 lacs) for which he was entitled as per an
employee welfare scheme announced after amalgamation was not given to him by saying that this scheme was not for
employees of transferor company but only for employees of transferee..
My queries to experts are as follows:
1) Whether after amalgamation date ,employee of transferor company are not entitled to benefits given to employees of
transferee company under a declared employee welfare scheme?
2) Whether complaint to BIFR can be made on the grounds that my termination is due to the result of this amalgamation
and even dues are not paid and discrimination between employees of two companies have been done after amalgamation
and this amalgamation be reversed since transferee company has not implemented the scheme justifiably?
2) If he is eligible for his dues and also falls under workman category,can he file a legal case under IPC in High Court
directly against directors of company of Delhi or of Bombay for cheating the employee by not paying the dues as well as
terminating him from the job which they are now doing from Bombay office and not transferring him to finance department
at Bombay?
3) In which High Court ,Delhi or Bombay ,he has to file this cheating case against the directors so that result of case comes as
early as possible unlike the labour courts which took normally 5-8 years?
rgds
skg
V. VASUDEVAN
25 March 2012 at 13:13
Can a organization fix a lesser retirement age say 45 for its employees in executive and management cadre.
vasudevan
Dhaval
24 March 2012 at 18:13
Hello,
I would like to know prevailing laws/rules for transfer of a class 2 officer of central government/Autonomous body governed by Union Ministry of Labor, prior to 3 years of retirement.
As per law/rule, can the office(EPFO)transfer a class 2 officer(EPFO Enforcement officer) to another station, while only 3 years are left for his/her retirement ?
This is a specific departmental matter. Any help in this regards is deeply thanked.
--
Dhaval M. Vakharia
md
24 March 2012 at 12:59
Sir,
I had given resignation to my current employer dated on 10.03.2012 so as to join my next employer by 12.04.2012. My resignation was accepted by my immediate boss to relieve me by 31.03.2012. But my HR head is not releiving me telling to serve complete notice period i;e 90 days.
As per our policy in appointment order it is mentioned as -- Termination of employment by either party will be by giving 3 month notice in writing to the other.In event of giving a notice of termination shorter than the above period, the Company shall have its own discretion to adjust any leave due to you or from you dues towards the shortfall in notice period. And in our policy it is stated as--
In cases where the Unit wants the employee to serve his full notice period or a part of it and the employee wants to separate before that:
o Employee will have to take an approval for the same from his Skip Level supervisor and Unit HR Head
o He will have to pay the Unit for the notice period he did not serve. The payment will be on guaranteed cash part of his CTC.
So kindly advise me as I have to join next employer immediately.
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Spreading false rumours by an official of my bank
Hi,
I am a Divisional manager in a Co-op Bank which is highly community oriented and I am an outsider who recently joined the bank after distinguished career in couple of banks including India and abroad.
I am here for last <2 years. Having joined as a Branch manager, elevated as Divisional Manager within 8-10 months because of my credentials. Many did not like my promotion and sitting on them. I have been highly professional and means business only to support the bank's targets.
Recently, as instructed by my Zonal Head, I visited a branch where this lady is Asst Manager. The Manager was out of town on duty which I did not know.
I visited this branch, spent few minutes and signed the visit report and left for other branches. I visited 2-3 branches more and went to a Police Station in connection with a bank's case. Evening I returned to office and my movement register was got signed by my Zonal Head, as per the practice.
I heard after few days that a message has been spread by this lady to all the branches and HO that I visited this branch drunk.
1. I dont drink and never took drinks in my life time. Love body building and music. Known for personal discipline.
My movement register and branch visit report proves that I was totally on the move on that day.
2. I have sent a mail to HO detailing all these and requesting to initiate action against this lady for attempting to sabotage my career and maligning my image and reputation in the bank.
Even after 4 days bank has not sent me an acknowledgement on my mail.
I cant keep quiet and want to charge this lady for playing mischief with me.
Kindly advise.
regards,
ashok k rao
bengaluru
8095179247