C.M.D., PUNJAB NATIONAL BANK vs RAJENDRA NATH CHAWLA

The Supreme Court upheld the promotion policy of the appellant bank, which mandated rural branch experience for officers seeking promotion to Middle Management Grade Scale II, as per the guidelines issued on September 29, 1989. The Court found that the respondent's refusal to accept the rural posting led to his debarment from promotion for two years, in accordance with the policy. The Court held that the promotion policy was valid and did not violate any statutory provisions, thus dismissing the appeal against the Delhi High Court's order.