Bengaluru: A woman advocate representing Amanath bank was assaulted allegedly by employees of the bank on the High Court of Karnataka premises on Friday.
Mubarak Begum, who represents Amanath bank in the case regarding the merger with Canara Bank was assaulted around 4.30 p.m. when she came out of court hall 8 after making submissions.
According to sources close to Nasheman, Begum was assaulted because of her stance that the bank has enough assets to operate independently, and there is no need for the merger. The soures said that the employees of the bank, want the bank to merge with Canara Bank.
A complaint has been lodged against Baba Farulla, Mohammad Akmal, Syed Mansoor and Mansoor. They allegedly pulled the advocate’s hair and assualted her. Her colleague claimed the men were employees of the bank.
A tense situation was witnessed at the bank premises today, with both bank customers and supporters of the non-merger of the co-operative reined in on employees protesting the asualt on the advocate. The customers and activists led by Sardar Ahmed Qureshi, President of Amanath Bank Share Holders and Depositors Protection Committee, demanded the immidiate termination of all the four employees involved in the assualt.
Canara Bank refuses to take over Amanath
Canara Bank on Friday submitted in the High Court of Karnataka that it wanted to withdraw from its earlier decision to take over the loss-making Amanath Cooperative Bank.
During the hearing of petitions for and against the merger of Amanath Cooperative Bank with Canara Bank, the counsel representing the Canara Bank submitted that the bank would suffer a huge financial erosion and had therefore decided against the merger.
The latest audit of Amanath Cooperative Bank’s accounts has revealed that its customers would suffer a loss of 32 pc and not 18 pc as was estimated earlier, if the merger was to be financially viable.