Bank May Dismiss Errant Employee, But Must Consider Pension Benefits Under Bipartite Settlement: Allahabad High Court
The Allahabad High Court recently delivered a significant ruling on the consequences of gross misconduct by bank officials. The judgment clarified that while banks possess full authority to sack errant employees, they cannot blindly strip them of their rightful pension if they are protected by prior bipartite settlements. The Court agreed with the disciplinary findings, … Read more