Surjeet Singh Bhamra vs Bank Of India & Ors

The Supreme Court upheld the disciplinary action taken against the appellant under Regulation No.4(1) of the Bank of India Officer Employees’ (Discipline & Appeal) Regulations, 1976, affirming the penalty of reduction in pay by five stages for three years due to admitted irregularities in loan disbursement. The Court found that the appellant's unconditional acceptance of the charges justified the disciplinary authority's decision. The appeal against the High Court's dismissal of the writ petition was therefore dismissed, confirming the legality of the punishment imposed.