Justice Vibhu Bakhru issued notice to the Centre and sought its stand on the grievance raised in the petition by the All India Bank Officers Confederation.
The petition, filed through advocate Prashant Bhushan, has claimed that the Banking Companies (Acquisition and transfer of Undertakings) Act empowers the central government to make a scheme to include representation from workmen or non-workmen employees on the Board of Directors of nationalised banks.
The organisation has contended that the intention behind workmen or non-workmen employee directors is to provide representation to every class of employees on the nationalised banks' boards of directors.
"But it is being noticed that currently all the banks do not have any workmen/non-workmen employee director on their Board. Punjab and Sind Bank has had no non-workmen employee director since 2008. Most of the workmen and non-workmen employee director posts are vacant since 2016.
It has alleged that despite the unions forwarding the names of potential candidates to the government, no appointments have been made.
The petitioner organisation has sought directions to the Centre to appoint workmen and non-workmen employee directors on the boards of all nationalised banks.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
