UCO BANK vs RAJINDER LAL CAPOOR

The Supreme Court upheld the decision of the Punjab and Haryana High Court, which converted the punishment of removal from service of the respondent, a Branch Manager of a Nationalised Bank, into compulsory retirement under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, specifically citing Section 19(2). The Court established that disciplinary actions must be proportionate to the misconduct and that the respondent's actions, while irregular, did not warrant removal. The outcome was a modification of the disciplinary authority's order, allowing the respondent to retire with benefits.