CANARA BANK vs SWAPAN KUMAR PANI

The Supreme Court addressed the appeals concerning the disciplinary proceedings against Shri Swapan Kumar Pani under the Canara Bank Officer Employees’ (Discipline & Appeal) Regulations, 1976. The Court held that the charges of misconduct related to the unauthorized removal of bearer bonds were not substantiated, leading to the conclusion that the disciplinary authority's decision to exonerate the respondent was justified. The Court emphasized the importance of due process in disciplinary actions and upheld the exoneration order dated 29.3.1989, thereby dismissing the appeals of Canara Bank.