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Delhi High Court Orders Bank to Reward Manager's Bravery

Delhi High Court Orders Bank to Reward Manager's Bravery
Rs 40 lakh gunpoint robbery foiled, ‘brave’ bank manager must get paid: Delhi High Court · indianexpress.com

In 1998, five armed robbers entered a bank in Delhi.

They threatened people and began taking about Rs 40 lakh.

The bank’s guards gave up their weapons, but manager Surjit Singh tried to get help.

He pressed an emergency alarm even though a robber pointed a gun at him.

He then blocked the exit.

The robbers panicked and dropped much of the money.

They escaped with only Rs 75,000.

The Delhi High Court said Singh’s courage should be recognized and ordered the bank to pay him more than Rs 2.50 lakh plus interest.

Key facts

Bank
Punjab & Sind Bank
Manager
Surjit Singh, then a senior manager
Robbery date
December 28, 1998
Cash targeted
Approximately Rs 40 lakh
Amount taken
Rs 75,000
Court-ordered payment
More than Rs 2.50 lakh, plus interest
Relevant guidelines
1991 Department of Economic Affairs guidelines on compensation for bank employees resisting robberies and terrorist attacks

Quotes

Justice Neena Bansal Krishna

Delhi High Court judge who issued the order

“Such an act of bravery and presence of mind has ironically been termed by the Bank as a part of his duty. It is not only a trivialisation of the extraordinary and exemplary courage shown by the petitioner, but is almost an insult to a person who had put his life at risk.”
indianexpress.com
“The question herein, is not of money, but of the honour, which should have come to him, on its own, without litigation.”
indianexpress.com

Sources

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