Bangladesh Krishi Bank service Regulations,1988

 

 

Regulation-48 Sub-Regulation-(2) & (6)

In 1979, the Government approved pension scheme for retired employees of nationalised and other money lending organizations. Such scheme was introduced in the Sonali Bank in 1981, in the Bangladesh Bank 1983 and in the Krishi Bank in 1988. The Appellant, a retired senior principal officer of the Bangladesh Krishi Bank gave an option for pension scheme before his retirement on 30 March, 1987.

Held : The Appellant was entitled to pension benefit under the service regulations because of non-obstinate clause in sub-regulation (6) of Regulation 48 of the same which provided that notwithstanding anything in the Regulations. the option for pension scheme or provident fund had to be exercised before the coming into force of Regulations. [Paras – 1, 2 & 8]

A. K. M. Idris Vs. Bangladesh Krishi Bank & Ors. 3 BLT (AD)-127. 

Bangladesh Krishi Bank Order, 1973 Article-21

Read with

Public Demand Recovery Act, 1913 Section-4

 

In the present case, the requisition was signed by the Bank Manager showing that the amount was due and recoverable under the law on the basis of the requisition, the certificate officer issued the certificate.

Held : Issuance of certificate under Section 4 of the Act itself shall be conclusive proof that the amount specified therein is due to the Bank and further determination is excluded under law. [Para-6]

Bangladesh Krishi Bank Vs. Meghna Enterprises & Another 7BLT (AD)-84

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