High Court of Bombay Upholds Dismissal of Bank Manager in Disciplinary Proceedings for Misappropriation of Loan Amounts. The court held that the disciplinary authority's findings were based on evidence and the punishment of dismissal was proportionate to the misconduct of routing loan amounts through demand drafts without disbursement to borrowers.
21 Jun 2005The petitioner, Ananda Babu Kamble, was a Branch Manager at the Bank of Maharashtra's Bhedasgaon branch. A chargesheet was issued on 19 April 1988 all...




