RANI LAXMIBAI KSHETRIYA GRAMIN BANK vs MANOJ KUMAR CHAK ETC.

The Supreme Court upheld the High Court's decision to set aside Circular No. 17 of 2009 and Circular dated 12th July 2010, which excluded employees from promotion consideration based on 'D' ratings or misconduct within the last five years. The Court emphasized that such exclusions violate the principles of fair promotion as outlined in Section 29 and Section 17 of the Regional Rural Banks Act, 1976. The ruling reinforces the necessity for transparent and equitable promotion processes in Regional Rural Banks.