KAILASH NATH GUPTA vs ENQUIRY OFFICER(R.K.RAI)ALLHD.BANK

The Supreme Court upheld the disciplinary action taken against the appellant, K.N. Gupta, under the Allahabad Bank's service regulations, citing the need for adherence to procedural norms in granting loans. The Court emphasized that negligence in following established procedures, such as not verifying land holdings and failing to obtain necessary certificates, constitutes misconduct under the relevant service rules. The appeal was dismissed, affirming the bank's decision to impose penalties for the irregularities committed during Gupta's tenure as manager.