IN THE HIGH COURT OF JUDICATURE AT MADRAS
K. Surender, J
R.J.Narayanan – Appellant
Versus
Indian Bank – Respondent
O R D E R
This writ petition has been filed to quash the order dated 27/10/2007 passed by the first respondent in No.2567/APP:VG:2007 and direct the respondents to reinstate the petitioner in service with all attendant benefits including monetary benefits.
2. The crux of the allegations are that initially, the petitioner joined the respondent Bank on 2/5/1978. While he was working as Branch Manager, the petitioner has committed certain acts of omission and commission. Hence, on 8/12/2004, he was suspended from service and issued with a show cause memo dated 14/11/2005. In response to the show cause memo, the petitioner has submitted his explanation. Not satisfied with the said reply, by communication dated 2/6/2006, the second respondent had issued a charge memo to the petitioner framing 25 charges, which are serious irregularities that were allegedly committed in a pre-
sanctioned proposal, post sanction follow up and sanction of home loans.
3. According to the charges, loans were sanctioned by the petitioner in favour of fictitious persons and impersonators in respect of home loans, agricultural vehicle loans (kissan bikes) and agricultural loans (crop and borewells). Loans were adv
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