Search Results for "sealed cover procedure"

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Supreme Court Allows Banks' Appeals in RBI Fraud Classification Case Regarding Natural Justice Requirements. Court Holds No Absolute Right to Personal Hearing or Full Forensic Audit Report Disclosure Under RBI Master Directions Issued Under Section 35A Banking Regulation Act, 1949.

The dispute arose from the classification of loan accounts as 'fraud' by banks under the Reserve Bank of India's Master Directions. The appellant bank...

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Sealed Cover Procedure in Promotions: Supreme Court Dismisses Appeal of Union of India against Income Tax Officer. The Supreme Court holds that a mere grant of prosecution sanction does not justify invoking the sealed cover procedure for promotion in the absence of a pending charge sheet.

The Supreme Court, in this case, addressed the issue of whether the mere grant of prosecution sanction is sufficient to withhold promotion under the s...

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Supreme Court Allows Bank's Appeal in Service Law Dispute Over Promotion Denial Under Sealed Cover Procedure. Promotion Correctly Denied from Earlier Date When Disciplinary Proceedings Resulted in Minor Penalty of Censure as Per Staff Circular No.118 and Judicial Precedents.

The dispute originated from the respondent employee's promotion consideration in November 1984 while employed with the appellant bank in Middle Manage...