Dinesh Kumar Gupta vs General Manager 1, State Bank Of India

The Supreme Court held that the rejection of the appellant's request for voluntary retirement was justified due to pending disciplinary proceedings, as per the Bank's rules. Following the conclusion of these proceedings, which resulted in a penalty of 'lowering of one grade', the Court allowed the appellant to apply for voluntary retirement afresh. The Court also directed the Bank to clear any arrears of salary and allowances within one month, while clarifying that the appellant retains the right to challenge the imposed punishment under the relevant rules.