IN THE HIGH COURT OF JUDICATURE AT PATNA CWJC No.828 of 2004 1. SHIV DANI SINGH, S/O LATE MATHURA PRASAD SINGH, RESIDENT OF MOHALLA- ANANDPURI, WEST BORING CANAL ROAD, HOUSE NO.140, P.S.S.K. PURI, DISTT. PATNA. 2. RABINDRA KUMAR NARAYAN, S/O LATE RAJ KISHORE NARAYAN, RESIDENT OF MOHALLA- PATRAKAR NAGAR, I.O.C. ROAD, SIPARA, P.S. PHULWARI SARIF, DISTT. PATNA. Versus 1. THE STATE OF BIHAR. 2. THE CHAIRMAN, THE BIHAR STATE CO-OPERATIVE BANK LTD. ASHOK RAJPATH, PATNA-800004, P.S. PIRBAHORE, DISTT. PATNA. 3. THE MANAGING DIRECTOR, THE BIHAR STATE CO- OPERATIVE BANK LTD. ASHOK RAJ PATH PATNA 800004, P.S. PIRBAHORE, DISTT. PATNA. 4. THE DEPDUTY GENERAL MANAGER, PERSONNEL AND ADMINISTRATION CUM-SECRETARY, B.O.T, P.S. PIRBAHORE, DISTT. PATNA. ----------- 5. 29.10.2010 Heard learned counsel for the petitioners and the counsel for the Bihar State Co-operative Bank (hereinafter referred to as the Bank). 2. Petitioners are aggrieved by the order contained in letter dated 29.12.2003, Annexure-2 series, whereunder the amount of leave salary payable to them has been sanctioned but transfered to their P.F. Loan account for adjustment of interest amount shown outstanding in the P.F. loan account. 3. It is submitted on behalf of the petitioners that the board of trustee has taken a decision dated 20.10.2003 not to charge compound 2 interest with effect from 1.7.1983 from the persons who superannuated prior to 20.10.2003. Both the petitioners having superannuated from service of the Bank prior to 20.10.2003, they are not liable to pay compound interest in the P.F. Loan account. 4. In the light of the decision of the board of trustee, the order dated 29.12.2003 as contained in Annexure-2 series is quashed and the Deputy General Manager who has issued the order dated 29.12.2003, Annexure-2 series is directed to refund a sum of Rs.1,51,032.65 and 1,49,658/- as the amount of leave salary to petitioner Nos. 1 and 2 respectively, as early as possible, in any case within two months from the date of receipt of a copy of this order by the Deputy General Manager of the Bank. 4. The writ application is, accordingly, allowed. Ibrar/- ( V. N. Sinha, J.)