Canara Bank vs Lalit Popli

The Supreme Court upheld the dismissal of Lalit Popli, an employee of Canara Bank, for fraudulent withdrawal of Rs.1,07,000 from a customer's account, affirming the High Court's decision in LPA No. 465 of 1998. The Court ruled that the bank's action to withhold terminal benefits was justified as the respondent was found guilty of misconduct. The Court clarified that the bank could recover the amount from the respondent despite the prior recovery from other employees, emphasizing the principle of accountability in employment misconduct under Service Law.