( 1 ) THESE two appeals filed by the writ petitioners in the aforementioned cases although arose out of an order of the learned trial Judge refusing to pass an interim order, with the consent of the learned Counsel for the parties the writ petitions and the appeals were heard together.

( 2 ) THE writ petitioners Dipankar Sengupta and Chittaranjan Samanta were posted as Assistant Manager and Deputy General Manager. Both the Writ Petitioners were charge-sheeted in January, 1991 for commission of alleged misconduct, which is to the following effect: Articles of Charge No. 1 During your tenure as Deputy Manager (Advance) of Calcutta Branch, you had processed, jointly with the Asstt. Manager (Advance), proposal for sanction of Bills Discount Limits of Rs. 25. 00 lacs each to 18 companies which are directly or indirectly associated/connected with Hemraj Mahabir Prasad (HMP) Group enjoying substantial credit facilities with the Bank, as per An-nexure 'a' hereto. While processing the above proposals, you had failed to adhere to the usual banking norms and Head Office guidelines/instructions and the credit appraisal was inadequate and perfunctory. You had also recommended t