Maharashtra State Mining Corporation vs Sunil S/O Pundikaro Pathak

The Supreme Court upheld the High Court's decision that the dismissal of the respondent was invalid as it was executed by the Managing Director, who lacked the authority to do so under the relevant corporate governance rules. The Court emphasized that the power to dismiss was vested in the Board of Directors, and the subsequent ratification by the Board could not validate an invalid dismissal. The Court affirmed the High Court's order for reinstatement and payment of dues, establishing that authority must be exercised by the competent body as per the governing rules.