Rajiv Lochan Mehrotra, J.

1. The present writ petition has been preferred by the Petitioner for quashing the impugned order dated 3.2.2006 dismissing the petitioner from service on the basis of the inquiry report dated 21.12.2005, and the order dated 4.8.2006 in appeal affirming the impugned order, with a further request to reinstate him in service and pay him salary and other benefits regularly along with arrears with effect from 13.10.2004.

2. The facts of the case in brief are that the petitioner is an employee of the respondent bank. On 6.4.1977 a society known as Central Bank of India Employees Salary Earners Cooperative Societies Ltd. (hereinafter referred as 'the society') was constituted and registered at Meerut under the provisions of the Cooperative Societies Act for the welfare of the salaried employees of the bank working in the State of Uttar Pradesh. The aims and objects of the society was to accept deposits through savings, current and fixed deposits and to disburse loans to the members of the society. The account of the society was opened in the branch office of the respondent bank at Meerut and all mandatory transactions of the society were carried out thro