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Supreme Court Reinstates Dismissal of Bank Employee in Industrial Disputes Case Due to Fraudulent Misappropriation. Tribunal's Interference Under Section 11A of Industrial Disputes Act, 1947 Held Unjustified as Punishment Was Not Shockingly Disproportionate Given Serious Nature of Fraud.

The dispute arose from the dismissal of a bank employee for fraudulent misappropriation of funds. The respondent employee, a Clerk-cum-Typist, was sus...