State Of Punjab vs Karnail Singh

The Supreme Court held that the respondent, as a Manager of Punjab Agricultural Development Bank, qualifies as a 'public servant' under Section 2(c)(ix) of the Prevention of Corruption Act, 1988, due to the financial aid received from the State Government. The Court found that the High Court failed to analyze the factual position and relevant provisions of the Punjab Cooperative Agricultural Development Banks Act, 1957. Consequently, the Supreme Court set aside the High Court's order and remitted the matter for fresh consideration.