JAGDISH LAL GAMBHIR vs PUNJAB NATIONAL BANK .

The Supreme Court upheld the dismissal of Jagdish Lal Gambhir from Punjab National Bank, confirming that his termination was not vitiated. The Court referenced Article 32 of the Constitution and the precedent set in K.I. Shephard v. Union of India, which established that transferee banks must take over the services of officials from transferor banks. The Court found that Gambhir had been charged with serious misconduct regarding bank lending norms, which justified the disciplinary action taken against him.