THE STATE BANK OF INDIA vs SHRI C.B. DHALL

The Supreme Court upheld the High Court's decision to quash the State Bank of India's resolution withholding the retirement sanction and forfeiting the provident fund contribution of C.B. Dhall, citing Section 7 of the State Bank of India Act, 1955. The Court established that employees transferred from the Imperial Bank retain their rights and privileges under existing service rules. The Bank was ordered to pay Dhall his pension arrears, future pension, and other retirement benefits, along with costs.