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Management, staff at loggerheads

THE LML management and its employees are once again at loggerheads over the mode of payment of interim relief to the employees. As per the agreement reached between the management and the employees on May 6 last, it was decided that each employee would get an interim relief of Rs 1200. For three days from May 9 to 11, the management distributed the interim relief amount from the Indian Overseas Bank, LML extension counter, Panki.

india Updated: May 25, 2006 00:21 IST

THE LML management and its employees are once again at loggerheads over the mode of payment of interim relief to the employees.

As per the agreement reached between the management and the employees on May 6 last, it was decided that each employee would get an interim relief of Rs 1200. For three days from May 9 to 11, the management distributed the interim relief amount from the Indian Overseas Bank, LML extension counter, Panki.

However, the LML Limited Mazdoor Union, which enjoys the support of maximum employees, claims that only a small section of the employees collected the payment on the given dates announced by the management. While the management claims that a majority of the employees have already received the payment.

The Union has expressed its resentment over the mode of payment. Members of the union have demanded that the amount must be transferred to their bank accounts in the Indian Overseas Bank.

“A large number of employees did not receive the payment in protest against the mode of payment,” stated president of the union JP Pandey.

“Payment was being made by withdrawal forms and those forms had no signature of the bank manager. Even entries were not being made in our passbooks,” stated Pandey.

“Our demand is that the amount must be transferred to our bank accounts in the Indian Overseas Bank and we will withdraw the money from our accounts,” asserted Pandey.

Meanwhile, a notice has been issued by the LML management informing that those employees who had not received their payment earlier must collect it from the LML extension counter, Panki of the Indian Overseas Bank on May 29 and 30.

The notice issued on Wednesday by the Executive Director of LML RK Srivastav also states that the distribution of payment would also be made in all the three units of Industrial Electronics, Dada Nagar on the two dates aforementioned.

However, members of the LML Limited Mazdoor Union have once again stated that they would not collect the payment by the withdrawal form.

“It has been unanimously decided by the Sangh that the payment will not be collected by withdrawal form. We stick to our earlier demands that our payments must be transferred to our bank accounts,” stated JP Pandey.

It may be pointed out that a lockout was declared by the LML management on May 7. It cited the reason of labour unrest in the factory for the lockout. But the reports point out that the lockout was declared due to financial crisis.


First Published: May 25, 2006 00:21 IST