SUDHIR VISHNU PANVALKAR vs BANK OF INDIA

The Supreme Court addressed the appellant's suspension from the Bank due to allegations of negligence and misappropriation of funds related to the Manoj Co-operative Housing Society, invoking Section 83 and Section 88 of the Maharashtra Co-operative Societies Act. The Court held that the appellant was entitled to a hearing before suspension, emphasizing the principle of natural justice. The Court ultimately ruled in favor of the appellant, setting aside the suspension order for lack of due process.