S. VASUNDARA vs CANARA BANK

The Supreme Court upheld the invocation of Regulation 11 of the Canara Bank Officer Employees’ (Discipline and Appeal) Regulations, stating that a conviction under Sections 420, 477A IPC and Section 5(1)(d) of the Prevention of Corruption Act, 1947 constitutes grounds for disciplinary action. The Court clarified that the non obstante clause in Regulation 11 allows for penalties to be imposed without adhering to the procedures in Regulations 6, 7, or 8. The Court dismissed the petitioner's challenge against the show cause notice issued post-conviction, affirming the disciplinary authority's jurisdiction to act based on the conviction.