JUDGMENT

Gaurang Kanth, J. The Petitioner in the present Writ Petition is aggrieved by the Award dated 07.08.2007 passed by the Presiding Officer, Central Government Industrial Tribunal cum Labour Court-II, Rajendra Bhawan, New Delhi in ID No. 111/2005 titled as Suresh Chand Vs Zonal Manager, Bank of India ("impugned Award"). Vide the impugned Award, the learned Industrial Tribunal was pleased to direct the reinstatement of the workman with 50% back wages and continuity of service and all other consequential benefits after stopping all increments for 7 years.

Facts relevant for the consideration of the present Writ Petition are as follows:

2. The Respondent/Workman was working as clerk cum Cashier at the Jhadewalan Branch of the Petitioner Bank from 31.01.2000 to 29.08.2002. While working at the Jhadewalan Branch, the Respondent/Workman applied for a loan of Rs.1 Lakh from the Nationalized Bank Employees SE Cooperative NA Thrift and Cooperative Society ("Society"). Apparently, there was default in repayment of loan and hence the Society contacted the Petitioner Bank and asked to deduct the overdue amount from the salary of the Respondent Workman. The Society further forwarded the