Sri K M Venkateshappa v. Canara Bank
Case brief
What is this about?
Bank manager dismissed for irregularly sanctioning 128 tractor loans challenged the disciplinary, appellate and review orders on grounds of disproportionate punishment. The court found the appellate authority failed to consider penalty proportionality as required by Regulation 17(ii), and substituted dismissal with compulsory retirement.
What did the court decide?
Appellate order quashed insofar as it confirmed dismissal; punishment modified to compulsory retirement from date of appellate order; retirement benefits payable within eight weeks.