Usha Ananthasubramanian vs Union Of India

The Supreme Court addressed the appeal of Usha Ananthasubramanian, former MD & CEO of Punjab National Bank, regarding charges of misconduct related to a fraud case involving Nirav Modi. The court examined the nature of the charges, concluding that the allegations primarily revolved around her failure to prevent the fraud rather than direct involvement. Ultimately, the court's ruling emphasized the need for clear evidence of wrongdoing before imposing severe penalties on corporate executives.