Supreme Court · 1999 INSC 220 · Decided 4 May 1999

State Bank of India and ORS. v. T.J. Paul

Court
Supreme Court of India
Citation
1999 INSC 220 · [1999] 2 S.C.R. 1060
Case number
CIVIL APPEAL No. 2690/1999
Decided
4 May 1999
Bench
M. JAGANNADHA RAO, S.N. PHUKAN (2-judge bench)
Outcome
Case Partly allowed
Case type
Civil
Acts & sections cited
Constitution

Headnote

Service Laws : Misconduct-Respdi{eient, a bank manager, charge-sheeted for C sanctioning loans without adeq~.ate.. security and without prior approval/ ratification from superior authorities and contrary to departmental instructions-Relevant rules defined "gross misconduct" as 'doing any serious. loss '-Held, proof of actual loss was not D necessary to ·attract this clause-Negligence-Sanctioning of loans-Bank of Cochin Service Code, Chapter VI, para 22{iv)(I). Departmental Enquiry-Penalty-Imposition of-Respondent working in Bank of Cochin as Manager, was served with a

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