( 1 ) THIS is a petition seeking the quashing of the order of the Zonal manager, Life Insurance Corporation of India, 5-5-1966, dismissing the petitioner on a writ of certiorari.

( 2 ) THE facts relevant to this petition are these: The petitioner was a Development Officer in the Life Insurance Corporation of India, While working as such in Visakhapatnam and Srikakulam Districts, the authorities of the Life Insurance Corporation referred cases of alleged misappropriation of the insurance moneys collected from the policy-holders by the petitioner to the Special Police Establishment. The said authorities filed a charge-sheet against the petitioner in the Court of the Fourth City Magistrate, Hyderabad, for alleged misappropriation of Rs. 58 collected by the petitioner from one T. Jagnnayakulu and Chowdary Krishnamurty. The Magistrate tried the case against him as S. P. E. No. 5 of 1965 and found him guilty under Section 409, I. P. C. , but instead of sentencing him, directed that he be released on probation of good conduct for a period of two years under Section 4 (1) of the Probation of Offenders Act, 1958 (Central Act No. XX of 1958 ). After the conviction and release