ORDER :

Heard the Counsel for the Petitioner and learned counsel appearing on behalf of the Respondents.

2. This Writ Petition is filed praying to issue a Writ of Mandamus declaring the order dated 13.06.2011 in proceedings no.Rc.4987/2010 passed by the 2nd respondent and as confirmed by the order dated 02.01.2012 vide letter no. 237 of 2012 passed by the 3rd respondent as being illegal and arbitrary.

3. The case of the Petitioner as per the Writ Affidavit, is as follows:

a) Petitioner had been appointed as CEO of Karimnagar Cooperative Urban Bank Limited, Karimnagar on 25.02.1999. A charge memo dated 11.05.2009 had been issued by the 3rd respondent, on the petitioner bearing no. 4074 of 2009, levelling 16 charges for alleged irregularity in sanction and disbursement of gold loans, lack of supervision among others.

b) Petitioner had submitted explanation to the charge memo dated 15.06.2009 and the 4th respondent had been appointed as Enquiry Officer to conduct domestic enquiry into the charges framed and vide Letter no. Rc.4/2009/DE, dated 19.12.2009 submitted report holding, 13 out of 16 charges levelled against the petitioner were proved.

c) On the perusal of the report of the Enquiry