Jammu, Aug 24: Nine members out of total 45 contestants were today elected as member Board of Directors of Citizens’ Co-operative Bank Ltd Jammu, the counting for which was held here today.
The elections were held here yesterday.
“Entire election and counting process ended peacefully,” the returning officer said.
He said that total 6731 votes were polled during the exercise while 45 candidates were in fray.
He said that Bharat Bhushan was polled highest 3196 votes followed by Praveen Kumar Sharma with 3188 votes, Sumnath Singh Jamwal with 2956 votes.
The Returning Officer said that other elected members were Kuldeep Raj Gupta (2783), Sachin Gupta (2729), Suresh Kumar (2708), Surinder Singh (2531), Varinder Singh Jamwal (2493) and Dinesh Gupta (2345).
“Some votes were found invalid,” he added and said that no complaint was received from any of the candidates during the entire election process.
“Share holders of the bank were eligible to contest the polls,” he added.
Only 6731 votes out of a total of 24,884 eligible voters cast their votes yesterday as against 4431 during the previous elections held in 2012, an official here said.
He said that with about 27 to 30 percent votes polled today there has been an increase of about 52 percent voting in comparison to the last election.
The elections were held under the supervision of DC Jammu Rajeev Ranjan while Additional DC Arun Manhas was in-charge for the polls.
Pertinent to mention here that The Citizens’ Cooperative Bank is the first and foremost Urban Cooperative Bank of J&K State which was registered with the Registrar Cooperative Societies J&K Jammu on 4th of March 1978 and was issued license by the Reserve Bank of India to commence banking business under section 22 of the Banking Regulation Act 1949 on 14th August 1978.