Jyotirmay Ray vs The Field General Manager, Punjab ...

The Supreme Court examined the legality of compulsory retirement of a bank employee who was found guilty of misconduct related to irregularities in loan and credit facilities. The Court considered whether the employer's decision was justified and adhered to principles of natural justice and procedural fairness. It upheld the employer's action, emphasizing the importance of maintaining integrity in banking operations and the employer's authority to retire employees for misconduct. The Court dismissed the appeal, affirming the validity of the compulsory retirement and denial of benefits.