Andhra Bank vs Andhra Bank Officers & Anr

The Supreme Court interpreted Regulation 26 of the Andhra Bank (Officers) Service Regulations, 1982, framed under Section 19 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980. The Court held that the regulation restricts the use of the Bank's car for personal purposes to authorized officers only, and any reimbursement for personal use must comply with the guidelines set by the Bank. The judgment clarified the scope of the regulation and upheld the validity of the reimbursement scheme established by the Bank's Board of Directors.