WP/9821/2009 : 1 : IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO.9821 OF 2009 Prathamik Shikshak Sahakari Bank Ltd., Satara & Anr. .. Petitioners V/s. Bank Employee’s Union & Anr. .. Respondents Mr. Dilip Bodake for the Petitioners. Mr. Abhay Nevagi a/w. Mr. Rajesh Mirchandani i/b. Paras Kuhad & Associates for Respondent No.1. CORAM : SMT. NISHITA MHATRE, J. DATED : 20 TH JULY, 2010. P.C.: 1. The Writ Petition has been filed against the Judgment and Order dated 24th April, 2009, passed by the Industrial Court, Satara, in Complaint (ULP) No.106 of 2007, by which the Complaint (ULP) No.106 of 2007 filed by the Respondent No.1-Union has been allowed partly. 2. The Industrial Court has held that the Petitioner-Bank has indulged in unfair labour practices under Item 9 of Schedule IV of the WP/9821/2009 : 2 : Maharashtra Recognition of Trade Unions and Prevention of Unfair Labour Practices Act, 1971. The Industrial Court has, therefore, quashed the Resolution of the Petitioner-Bank increasing the rate of interest on loans obtained by their employees from 8% to 11%. 3. The Industrial Court found that the Respondent No.1-Union was the representative Union of the local areas of Kolhapur, Sangli and Satara Districts. The Industrial Court has also held that the Petitioner-Bank has entered into an agreement with the Respondent No.2-Union which does not have the status of a representative Union. By this agreement it was decided to increase the lending rates. The Industrial Court has found that the Respondent No.1-Union had established that prior to increasing the lending rates, the Petitioner-Bank had not issued a notice of change, as required in law, and has therefore held that the Resolution of the Petitioner-Bank increasing the lending rates has to be quashed. WP/9821/2009 : 3 : 4. In my opinion, there is no error committed by the Industrial Court, Satara by doing so and, therefore, this Writ Petition is rejected.