Srinagar, July 21, July 22 -- The High Court of Jammu & Kashmir and Ladakh has ruled that Urban Cooperative Banks (UCBs) cannot extend the service of employees beyond the statutory retirement age of 58 years unless the government amends the applicable service rules. Justice Shahzad Azeem, in a 12-page judgment, dismissed a petition filed by former General Manager and CEO of Urban Cooperative Bank (UCB), Anantnag, Mohammad Shafi Reshi, who had challenged his removal from service before completing a three-year extension granted by the bank's Board of Management.The court held that the extension itself was illegal as the governing service rules fixed the retirement age at 58 years and did not empower the Board of Management to grant any exte...