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2026 Supreme(Mad) 460

IN THE HIGH COURT OF JUDICATURE AT MADRAS
HEMANT CHANDANGOUDAR
G.Selvakumar – Appellant
Versus
Chairman & Managing Director, Canara Bank – Respondent


Advocates Appeared:
For the Petitioner: Mrs.S.Yogalakshmi For M/s. K.Rajasekaran
For the Respondent: Mr.P.Raghunathan M/s. T.S.Gopalan And Co

Table of Content
1. details of misconduct and allegations against the petitioner. (Para 1 , 2 , 3 , 4 , 5 , 6 , 7)
2. arguments presented by both parties regarding the charges. (Para 8 , 9 , 10 , 11 , 12)
3. evidence review and examination during the disciplinary proceedings. (Para 13 , 14 , 15 , 16 , 17 , 18 , 19 , 20 , 21 , 22)
4. court's observation on established negligence and financial risks. (Para 24 , 25)
5. rationale for modifying the punishment based on service history. (Para 26 , 27 , 28 , 29 , 30)
6. discretion in pension grant upon compulsory retirement. (Para 31 , 32 , 33)
7. conclusion and order regarding the modified punishment and payment. (Para 34 , 35 , 36)

ORDER :

The challenge in the present Writ Petition is to the order dated 26.07.2011 passed by the second respondent confirming the order of dismissal passed by the third respondent. By order dated 01.07.2010, the third respondent dismissed the petitioner from service on the ground of misconduct.

3. The said SB account was opened on 05.03.2007 with proceeds of DL PBS amounting to Rs.2,32,000/- in the name of the account holder. The father of the account holder had lodged a complaint stating that the account in the name o

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