Relieving order
chandrashekhar joshi
(Querist) 04 April 2014
This query is : Resolved
Hi
I was working as manager in Co-op Bank. Recently I was suspended from services for so called forgery case. I made good and there was no loss to bank. 3 months after suspension I tendered my resignation from the services as I got other opportunity. But management is unhearding my request to relieve me. Till date I had not been issued any charge sheet nor any explanation has been called from me. Instead bank is threatening me that they are not going to relieve me before 1 year from today. My new job joining date is forthcoming please guide me as to what remedy can I have ? Please help I am now desperate. My present Banker is reluctant to take me back on service. As such my suspension will be for indefinite period. Only getting subsistence allowance is not good for me also after 12 months I may be outdated in Banking Sector considering my age factor. I would like to share the instance with me. There was one valued account holder of Bank enjoying credit facility. His nephew had kept FDR in Bank. On a day the account of Borrower was exceeded for large amount and to regularize the nephew agreed orally to discharge his FDR against which the OD was sanctioned and the amount was credited to borrower's account. After word he turned down to have said like that and refused to have signed the documents. As such Bank held me responsible for all above as the sign turned on to be forged. On approaching to FDR holder he came to Bank and on his own closed discharged FDR before maturity and adjusted the amount to OD FDR account. Bank to safe guard its interest had taken an undertaking cum indemnity for sole responsibility for the transactions made and also taken balance confirmation. Now he has signed all the documents and slips and had made clear that he is not going to lodge any type of complaint any where as it is family matter.
Now I would like to know that, is my suspension is justified for indefinite period and by not taking me back on service not Bank is deriving my right to serve by not giving relieving letter.
ajay sethi
(Expert) 04 April 2014
you are lucky that bank has not filed any case of forgery against you .
if your new employer comes to know about your antecedents you will lose your new job too .
does your new employer need a relieving letter from the coop bank ?
if it does and co op bank is refusing to give relieving letter then continue in same job
Dr J C Vashista
(Expert) 05 April 2014
I fully agree and appreciate valuable expert advise of Mr. Ajay Sethi.
Sparing you from the shackles of law by Cooperative bank is an obligation bestowed by them, be grateful to the management and continue till one year and then think of switching to other job.
If you are insisting to join new job the cooperative bank may mention in your relieving letter regarding your intigraty, despite the fact they did not initiate any criminal case against you.
Rajendra K Goyal
(Expert) 05 April 2014
well advised by the experts, agree to it.
chandrashekhar joshi
(Querist) 08 April 2014
Hi
I was working as manager in Co-op Bank. Recently I was suspended from services for so called forgery case. I made good and there was no loss to bank. 3 months after suspension I tendered my resignation from the services as I got other opportunity. But management is unhearding my request to relieve me. Till date I had not been issued any charge sheet nor any explanation has been called from me. Instead bank is threatening me that they are not going to relieve me before 1 year from today. My new job joining date is forthcoming please guide me as to what remedy can I have ? Please help I am now desperate. My present Banker is reluctant to take me back on service. As such my suspension will be for indefinite period. Only getting subsistence allowance is not good for me also after 12 months I may be outdated in Banking Sector considering my age factor. I would like to share the instance with me. There was one valued account holder of Bank enjoying credit facility. His nephew had kept FDR in Bank. On a day the account of Borrower was exceeded for large amount and to regularize the nephew agreed orally to discharge his FDR against which the OD was sanctioned and the amount was credited to borrower's account. After word he turned down to have said like that and refused to have signed the documents. As such Bank held me responsible for all above as the sign turned on to be forged. On approaching to FDR holder he came to Bank and on his own closed discharged FDR before maturity and adjusted the amount to OD FDR account. Bank to safe guard its interest had taken an undertaking cum indemnity for sole responsibility for the transactions made and also taken balance confirmation. Now he has signed all the documents and slips and had made clear that he is not going to lodge any type of complaint any where as it is family matter.
Now I would like to know that, is my suspension is justified for indefinite period and by not taking me back on service not Bank is deriving my right to serve by not giving relieving letter.
Sudhir Kumar, Advocate
(Expert) 13 April 2014
you re not able to clarify facts of the case.
The only thing that can be understood is that you closed and FD without written instruction from client.
Please clarify if it is true.