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Indian Laws - Highlights / Catch Notes

Home Highlights January 2022 Year 2022 This

Levy of penalty of dismissal from service - Fraud by the Bank ...


Bank Clerk's Fraud Leads to Dismissal: Supreme Court Affirms Penalty for Breaching Fiduciary Duty in Financial Sector.

January 20, 2022

Case Laws     Indian Laws     SC

Levy of penalty of dismissal from service - Fraud by the Bank Clerk - industrial dispute - Breach of duty as a custodian of public money - The respondent was a clerk-cum-cashier. It is a post of confidence. The respondent breached that confidence. In fact, the respondent breached the trust of a widowed sister-in-law as well as of the bank, making it hardly a case for interference either on law or on moral grounds. The punishment imposed on the respondent could also hardly be said to be disproportionate. The conduct established of the respondent did not entitle him to continue in service. - SC

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