Service matter
Punjab & Sind Bank (Employees) Pension Regulations, 1995, Regulation 48 – There is a bar as such if the proceedings are not instituted while the employee was in service, for events which took place more than four years before such initiation – Purpose is to protect retirees as such and does not permit the bank as such to initiate such departmental proceedings after the fixed time frame – Show cause notice issued on 18.01.2014—Charge-sheet issued on 26.11.2015—Disputed transactions ranged from 09.09.2008 to 25.03.2011—Employee retired on 31.03.2012—Proceedings against employee initiated on 18.01.2014— There is a bar if proceedings not instituted while employee was in service for events which took place more than 4 years before such initiation – Constitution of India, 1950, Arts. 226 and 227—Letters Patent Appeal