UNION BANK OF INDIA vs VISHWA MOHAN

The Supreme Court addressed the disciplinary proceedings against an employee of a nationalized bank under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, and the Union Bank of India Officers Employees (Discipline and Appeal) Regulations, 1976. The Court held that the disciplinary authority acted within its powers and that the employee's dismissal was justified based on the findings of misconduct, including bribery and embezzlement. The Court upheld the dismissal order, emphasizing the importance of adhering to established disciplinary procedures and the necessity of exhausting available remedies before seeking judicial intervention.