R. K. BANSAL vs BANK OF BARODA AND ORS.

Judgment text excerpt

$~6 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision: 12th May, 2026. + W.P.(C) 683/2020 R. K. BANSAL .....Petitioner Through: Mr. Mohammad Sajid, Advocate. versus BANK OF BARODA AND ORS. .....Respondents Through: Mr. Arun Aggarwal, Mr. Lovelesh Kukreja, Mrs. Kajal Ashok Mishra, Advocates for R-1. CORAM: HON'BLE MR. JUSTICE SANJEEV NARULA JUDGMENT SANJEEV NARULA, J. (Oral): 1. R.K. Bansal, the Petitioner, served the erstwhile Dena Bank and, when he reached superannuation on 31st March, 2017, held the post of Deputy General Manager. A disciplinary proceeding, initiated shortly before his retirement, was continued thereafter and culminated in the order dated 12th February, 2018, by which the Bank imposed upon him the penalty of compulsory retirement, to operate from the date of superannuation. The Petitioner states that he has challenged that penalty in separate proceedings. The present writ petition only assails the order dated 20th December, 2019, whereby the Petitioner was informed that his pension had been reduced in accordance with Regulation 33 of the Dena Bank (Employees’) Pension Regulations, 1995. The question that arises is whether the Bank could Signature Not Verified Dgitally Signed W.P.(C) 683/2020 Page 1 of 16 By:AKANSHA SINGH Signing Date:16.05.2026 15:29:16 lawfully reduce his full pension otherwise admissible to him, to two-thirds pension. Facts 2. On 17th March, 2017, a charge-sheet was issued to the Petitioner in relation to the account of H.V. Metal Arc Pvt. Ltd. The allegations pertained to his tenure as Zonal Manager, member of ZO-CAC, and Chairman of ZO- CAC, New Delhi Zone. Since the proceedings could not be completed before his retirement on 31st March, 2017, Regulation 20(3)(iii) of the Dena Bank (Officers’) Service Regulations, 1979 wa