MGMT. OF COIMBATORE DIST.CEN.COOP.BANK vs SECY., COIMBATORE D.C.BANK EMP.ASCN.&ANR

The Supreme Court upheld the decision of the Coimbatore District Central Co-operative Bank to impose disciplinary action on 53 employees who participated in an illegal strike, in violation of the Industrial Disputes Act, 1947. The Court emphasized that the strike was unlawful as it did not comply with the statutory requirements, and the management's actions were justified in light of the employees' misconduct. The Court affirmed the punishment of stoppage of increment and non-payment of salary during suspension, holding that the management acted within its rights under the Act.