FERTILIZER CORPORATION OF INDIA LTD. vs UNION OF INDIA & ORS.

The Supreme Court upheld the High Court's decision directing the Fertilizer Corporation of India Ltd. to reinstate Shri D.K. Jain as Director (Finance) from 20.4.1986, citing Article 66 of the Articles of Association which governs the appointment and removal of Directors. The Court emphasized that the President has the authority to appoint and remove Directors, but the respondent's reinstatement was warranted due to procedural lapses in his removal. The judgment reinforces the principle that due process must be followed in employment matters within statutory corporations.