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Jul 30 2009

Shri M.B. Motwani Vs. Uco Bank, Formerly Known as United Commercial Ba ...

Court: Mumbai

Decided on: Jul-30-2009

Reported in: 2009(111)BomLR3003; 2009(6)MhLj660

branch. It was his duty to ensure that credit facilities were granted as per sanction norms and within banking rules, which he failed to do. I therefore hold that he failed to ensure and protect the interest … order passed by the Respondents including the order of suspension and order under Regulation 20(3)(iii)(c) is bad in law.(c) The departmental proceedings are also vitiated as requisite inspection of files and documents were not furnished to the

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