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Calcutta High Court (Appellete Side)

Sukumar Bera vs The State Of West Bengal & Others on 20 January, 2022

20.01.2022
Item 11-13
Court No.6.
   AB
                      Through Video Conference

                          M.A.T. 1011 of 2021
                                 With
                          I A CAN 1 of 2021

                             Sukumar Bera
                                  Vs
                The State of West Bengal & Others
                                  With
                          M.A.T. 1012 of 2021
                                  With
                           I A CAN 1 of 2021

                           Suvendu Adhikari
                                  Vs
                The State of West Bengal & Others
                                  With
                          M.A.T. 808 of 2021
                                 With
                          I A CAN 1 of 2021

                             Sukumar Bera
                                  Vs
                The State of West Bengal & Others

              Mr.   Joydip Kar, Sr. Adv,
              Mr.   B. Bhattacharya,
              Mr.   Anish Kr. Mukherjee,
              Mr.   Saket Sharma,
              Mr.   Amrit Sinha ...for the Appellant in
                            MAT 1012 of 2021 & for the
                            Respdt. No.8 in MAT 1011 of 2021
                      & Respdt. No.2 to 5 in MAT 808 of 2021.

              Mr. Abhrotosh Majumdar, Sr. Adv,
              Mr. Srijib Chakraborty,
              Mr. Aditya Mondal ...for the Appellant in
                                      MAT 1011 of 2021 &
                                      MAT 808 of 2021.
                            2




            Mr.   S. N. Mookherjee, ld. AG,
            Mr.   Anirban Roy,
            Mr.   Raja Saha,
            Mr.   Debasish Ghosh ...for the State in
                               MAT 1012 of 2021.

            Mr. S. N. Mookherjee, ld. AG,
            Mr. Anirban Roy,
            Mr. Srijan Nayek,
            Ms. R. Maitra,
            Mr. N. Chatterjee ...for the State in
                              MAT 1011 of 2021.

            Mr. S. N. Mookherjee, ld. AG,
            Mr. Anirban Roy,
            Mr. Srijan Nayek,
            Ms. R. Maitra     ...for the State in
                              MAT 808 of 2021.

            Mr. Pratik Dhar, Sr. Adv,
            Mr. Ritwik Pattanayak...for the Respdt.
                              Nos.6, 7, 9 to 18 in
                              MAT 1011 of 2021 and
                              MAT 1012 of 2021.

            Mr. Pratik Dhar, Sr. Adv,
            Mr. Ritwik Pattanayak....for the Respdt.
                              Nos.6 to 12 in MAT 808
                              of 2021.

            Ms. Cardina Roy ....for the Respdt. No.3
                            In MAT No.808 of 2021.

      By consent of the parties, all three appeals and

the connected applications are taken up for hearing

and disposal together.

      In re : MAT 808 of 2021.

      This appeal was preferred against an order dated

August 2, 2021. The order of the learned Single Judge

was passed in a writ petition filed by the appellant

challenging a requisition dated July 22, 2021 for
                                3




removal of the Chairman of the concerned Cooperative

Bank.

         The learned Judge set aside the requisition

notice     having    found   certain     infirmities   therein.

However, the learned Judge granted liberty to the

requisitionists to make fresh requisition for removal of

the Chairman of the Bank. Challenging this liberty,

the present appeal has been filed.

         We have heard learned Counsel for the parties.

The fact remains that pursuant to the liberty granted,

fresh requisition was made and in fact meting was

held. The order has worked itself out. In our opinion,

nothing remains of this appeal.

         MAT 808 of 2021 along with IA CAN 1 of 2021

are, accordingly, disposed of.

         In re : MAT 1011 of 2021 & MAT 1012 of 2021

         MAT 1011 of 2021 is an appeal preferred by

Sukumar       Bera   against   an      interim   order   dated

September 6, 2021, passed by the learned Single

Judge in WPA 13557 of 2021. The writ petition was

filed challenging a resolution of the Board of Directors

of the concerned Bank removing the Chairman of the

Bank, namely, Suvendu Adhikari. The resolution was

passed on August 24, 2021.

         The learned Single Judge refused to pass any

interim order. Against such refusal, the present appeal

has been filed.
                                 4




      MAT 1012 of 2021 is an appeal filed by Suvendu

Adhikari against an interim order dated September 9,

2021, passed in WPA 14111 of 2021 which was filed

challenging the requisition notice for his removal as

Chairman of the Board of the concerned Bank and

also the Board resolution dated August 24, 2021,

removing him as Chairman. By the said order, the

learned Single Judge refused to grant any interim

protection. Against such refusal, this appeal has been

preferred by Suvendu Adhikari.

      We have heard learned Counsel for the parties at

length. The main point that arises is whether or not,

the requsitionists and directors, who requisitioned the

meeting for removal of the Chairman of the Bank, were

competent to do so. In other words, were they valid

directors of the Bank when they requisitioned the

meeting.

      The    appellants,     who       have     assailed     the

requisition and the resolution removing the Chairman

of   the   Bank,   contend      that    out    of   the    seven

requisitionists,   five   had       become    disqualified    as

Directors in view of Section 10A(2A) of the Banking

Regulation Act, 1949. Hence, the requisition was not

in terms of Rule 51 of the West Bengal Cooperative

Rules and could not be acted upon. This would render
                                5




the proceedings at the meeting and the resolution

taken thereat bad in law.

      Learned Advocate for the requisitionists argued

that Section 10A(2A) of the 1949 Act would not apply

in the facts and circumstances of the case. The said

section was introduced by amendment with effect from

September 29, 2020.       It cannot affect the tenures of

the Directors of the Bank, who were elected prior to

that, in the year 2017.

      Another point that has been urged by learned

Counsel for the appellants is that the requisition and

the   meeting   were     not   in   accordance   with   the

provisions of Rule 51 of the West Bengal Cooperative

Societies Rules, 2011.

      Learned Advocate General appeared for the State

and in effect argued that Section 10A(2A) of the

Banking Regulation Act shall only apply to Directors of

the Bank, who have been appointed subsequent to the

said provision of law coming into force.

      We are considering appeals from interim orders.

The writ petitions are pending before the learned

Single Judge. We are not inclined to decide the issues

raised before us on merits. We are of the view that

these issues should be decided at the first instance by

the learned Single Judge.

      We, however, record that we find the arguments

of both sides to be attractive. Both sides have arguable
                            6




cases. One of the issues raised by the appellants

herein is that the present Board of Directors of the

Bank is incompetent to act since most of the Directors

stand disqualified by operation of law since their

tenures   exceed a continuous period of eight years,

which is in violation of Section 10A(2A) of the Banking

Regulations Act. We do not think that it would be

appropriate for us to express any final opinion on this

point since this very point, we are told, is under

consideration in a Public Interest Litigation before a

Coordinate Bench and the matter has been heard at

length by that Bench. However, prima facie, we find

some substance in the argument advanced by Mr. Kar

and Mr. Majumdar, learned Senior Counsel appearing

for the appellants. The tenure of the present Board is

due to expire on or about February 5, 2022 i.e. in

about two weeks' time.

      Mr. Dhar, learned Senior Advocate for the

requisitionists has pointed out that the Election

Commission has passed an order for taking steps for

election on December 28, 2021. On that basis, the

Returning Officer was appointed on December 30,

2021. Thereafter, draft voters list was published on

January 11, 2022 and final voters list has been

scheduled to be published on January 24, 2022.

      Hence, we see that fresh election is scheduled to

be held very soon.
                               7




        Since there is a serious contention about the

competence or authority of the present Board to be in

charge of the affairs of the Bank and since the Bank

deals with public money, we are of the view that for its

remaining tenure till the constitution of a fresh Board,

the present Board should function under the general

supervision of an Officer to be nominated by the

Governor of the Reserve Bank of India. Such Officer

shall not interfere with the day to day functioning of

the Board. However, any major policy decision shall be

taken and any transaction over the value of Rs.1 Crore

shall be undertaken by the Board only in consultation

with such Officer. We are passing this order of interim

arrangement in public interest and to inspire public

confidence in the functioning of the concerned Bank.

The Reserve Bank of India being the guardian of all

Banks in India and having supervisory power over

such Banks, we are sure that the present Board shall

not find it objectionable to function for the limited

period indicated above under the general supervision

of an Officer of the Reserve Bank of India.

        All points are left open for the learned Single

Judge    to   decide   upon   hearing   the    parties.    No

observation in this order shall have any bearing at the

final hearing before the learned Single Judge.

        The   Governor,   Reserve   Bank      of   India   is

requested to appoint a responsible Officer for the
                             8




purpose indicated above immediately and preferably

within 48 hours upon receipt of a copy of this order

from the Registrar General of this Court.

      We clarify that the Officer to be nominated by

the Governor of the Reserve Bank of India for the

aforesaid purpose shall function in terms of this order

only till the reconstitution of the Board. Upon such

reconstitution of the Board, the Officer shall become

functus officio.

      Since we have not called for affidavits, the

allegations in the stay petitions are deemed not to be

admitted by the respondents.

The appeals being MAT 1011 of 2021, IA CAN 1 of 2021 and MAT 1012 of 2021, IA CAN 1 of 2021 are, accordingly, disposed of.

Urgent Photostat Certified copy of this order, if applied for, be supplied expeditiously after complying with all necessary legal formalities. (Kausik Chanda, J.) (Arijit Banerjee, J.)