C.V.NAGARJUNA REDDY, G.SHYAM PRASAD
Andhra Bank Represented by its Chairman & Managing Director Saifabad, Hyderabad – Appellant
Versus
Y. Shivaji – Respondent
C.V. Nagarjuna Reddy, J.
1. Feeling aggrieved by order dated 18-4-2016 in W.P. No. 32950 of 2010, this appeal under Clause 15 of the Letters Patent is preferred by the Andhra Bank and its functionaries, the respondents in the said Writ Petition.
2. The backdrop in which this appeal arises is briefly stated hereunder:
The respondent was a Scale-III Officer in appellant No.1-Bank. A departmental enquiry was instituted against the respondent into his conduct in sanction and disbursal of certain OCC limits, housing loans and car loans. Charges were framed against the respondent and an Enquiry Officer and Presenting Officer were appointed. Pending the enquiry, the respondent was also placed under suspension. In parallel, the Central Bureau of Investigation (CBI) has prosecuted the respondent. By Judgment dated 16-6-2001, the II Additional Metropolitan Magistrate, Vijayawada, convicted the respondent. Following his conviction, the respondent was dismissed from service and further departmental proceedings were kept in abeyance. The appellate Court, however, reversed the Judgment of the trial Court and acquitted the respondent by its Judgment dated 7-10-2003. Consequent upon the res
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