PUNJAB NATIONAL BANK vs M.L. KALRA

The Supreme Court interpreted the Punjab National Bank (Officers) Service Regulations, 1979 and the Punjab National Bank (Employees) Pension Regulations, 1995, particularly Regulation 20(3)(iii), regarding the continuation of disciplinary proceedings post-retirement. The Court held that the disciplinary proceedings could continue even after the employee's superannuation, and thus the dismissal order was valid. The Court upheld the High Court's decision to grant provisional pension arrears until the appeal was disposed of, affirming the entitlement of the respondent to such payments during the appeal period.