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Bombay High Court Upholds Removal of Bank Officer for Misconduct in Loan Transaction. Disciplinary proceedings based on loan of Rs.6,500 sanctioned in 1976 held valid despite delay, as charges of moral turpitude and pecuniary benefit were proved.

The petitioner, Shri Sagar Sadashiv Kasture, was initially appointed as a Clerk in the Central Bank of India on 5 March 1973 and later promoted as an ...

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Bombay High Court Dismisses Writ Petitions Seeking Permanency for Apprentice Development Officers of LIC. Apprenticeship Training Scheme under Section 18 of the Life Insurance Corporation Act, 1956 does not create employer-employee relationship or right to absorption.

The petitioners, a group of individuals who were engaged as apprentice development officers by the Life Insurance Corporation of India (LIC) under a t...

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High Court of Bombay Dismisses Petition of Bank Manager Challenging Dismissal for Misconduct in KCC Loan Sanctions. The court upheld the penalty of dismissal as proportionate, finding no violation of natural justice in the disciplinary proceedings.

The petitioner, Mr. Avinash Sharad Dagaonkar, joined the Bank of India in 1983 as a clerk-cum-cashier and by 2010 was working as Senior Branch Manager...

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Bombay High Court Allows Writ Petition of Deceased Bank Employee for Superannuation Benefits Despite Pending Criminal Proceedings. Penalty of Compulsory Retirement Entitles Employee to All Retirement Benefits; Bank Cannot Withhold Benefits on Ground of Pending Criminal Case.

The petitioner, Ashok Wamanrao Bankar, was a Clerk-cum-Cashier (later Single Window Operator) at Allahabad Bank's Jamb (Parbhani) branch. He was charg...