P. Jyothimani, J.

1. The writ appeal is directed against the order of the learned Single Judge dated 11. 2008 made in W.P.No.35902 of 2005, dismissing the writ petition.

2. The writ petitioner/appellant has joined the services of the second respondent on 3. 1980 and ultimately, he became the Regional Chief on 15. 1997, which post he was holding till March, 2004. During the year 1997-1998, the writ petitioner, as the Regional Chief, has recommended for sanction of Rs.7 Crores to M/s.Premier Housing and Industrial Enterprises Limited (in short, "the PHIEL"). It was based on his recommendation, the second respondent has disbursed the amount to said PHIEL. The loan was granted on the basis of bank guarantee offered by the Global Trust Bank, without any other security. On the basis that the recommendation given by the petitioner/appellant was not proper, a charge sheet was issued on 12. 2002, for which the petitioner has submitted his explanation on 4. 2002.

3. One Mr.K.C.Batra, one of the Executive Directors of the Housing and Urban Development Corporation Limited (in short, "the HUDCO") was appointed as an Inquiry Officer, who examined three witnesses and marked 15 docume