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2010 Supreme(Mad) 856

ELIPE DHARMA RAO, N.PAUL VASANTHAKUMAR, VASANTHAKUMAR
M. K. S. Balasubramanian – Appellant
Versus
The Kancheepuram Central Co-operative Bank Limited – Respondent


Advocates Appeared:
For the Petitioners:P. Anbarasan, Advocate.
For the Respondent:M/s. G. Thilakavathy, Advocate.

Judgment :-

N. Paul Vasanthakumar, J

1. The Writ Appeal is directed against the order of the learned Single Judge in disposing of the Writ Petition filed by the appellant herein with a direction to the Respondent-Bank to retain a sum of Rs.2,69,938/- towards interest in respect of the alleged loss that occasioned to the Bank. In the Writ Petition the appellant prayed to quash the portion of the order of the respondent dated 33. 2005 reserving its right to continue the disciplinary proceedings after permitting the appellant to retire from his service.

2. The case of the appellant is that the appellant joined the service of the respondent-Bank in the year 1963 as a Clerk and he was promoted as Supervisor and further promoted as Assistant Manager. The appellant worked in the Branches of Tiruthatni, Kunrathur and Porur and he retired from service as on 33. 2005 after his 42 years of service. While the appellant was in service, a charge was framed on 27. 2004 alleging that he failed to discharge his duties as tow loans became overdue and failed to collect the loan amounts.

3. The appellant filed his explanation on 22. 2005 and stated that in respect of one loan he initiated action and
















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