According to New Indian Express reports, the Madurai Bench of Madras High Court recently quashed a circular issued in 2014 by the Registrar of Tamil Nadu Cooperative Societies laying down guidelines for societies while fixing salary and other monetary benefits of its employees.
The court ruling means cooperative credit societies are free to fix salaries as per their financial status and the government cannot interfere with their decisions.
The court gave this ruling while hearing petitions filed in 2014 and 2015, challenging the circular with respect to Athinathapuram and Meignanapuram PACCS in Tiruchendur taluk.
The court found no merit in the government’s argument.
