JUDGMENT :

Heard Mr. P.K. Roychoudhury, learned Counsel for the petitioner as well as Mr. N. Deka, learned counsel for all the respondents.

2. The petitioner who was working as a Deputy Manager (Training & Development) in the Indian Oil Corporation (IOC) has challenged the penalties of removal from service inflicted upon him, in pursuance to two disciplinary proceedings initiated against him. The joint appeal filed by the petitioner against the two penalties of removal from service imposed upon him, have been rejected. The Review petition filed by the petitioner not having been decided by the respondents, the writ petition has been filed.

3. Mr. P.K. Roychoudhury, learned Senior counsel for the petitioner submits that the first charge-sheet dated 17.06.2011 issued to the petitioner, was to the effect that the petitioner had collected money from various persons in the IOC for investment in a non-banking financial company (Unipay VISAREV) with assured returns, by acting as a local agent for the non-banking financial company. The second charge in the charge-sheet dated 17.06.2011 was that the petitioner was in possession of assets disproportionate to his known source of income.

4. The pet