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    <title>2000 (4) TMI 796 - Supreme Court</title>
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    <description>A settlement clause permitting deemed voluntary retirement for prolonged unauthorised absence was treated as valid where the bank issued notice to the employee&#039;s last known address, and the notice carried a presumption of service after refusal or non-availability. The clause itself required notice and an opportunity to explain, which was held to satisfy natural justice. On those facts, no separate domestic enquiry was necessary, and the bank was entitled to invoke the settlement mechanism. The Tribunal and High Court erred in directing reinstatement with continuity of service, and the termination action under the settlement clause was sustained.</description>
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    <pubDate>Tue, 25 Apr 2000 00:00:00 +0530</pubDate>
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      <title>2000 (4) TMI 796 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=124802</link>
      <description>A settlement clause permitting deemed voluntary retirement for prolonged unauthorised absence was treated as valid where the bank issued notice to the employee&#039;s last known address, and the notice carried a presumption of service after refusal or non-availability. The clause itself required notice and an opportunity to explain, which was held to satisfy natural justice. On those facts, no separate domestic enquiry was necessary, and the bank was entitled to invoke the settlement mechanism. The Tribunal and High Court erred in directing reinstatement with continuity of service, and the termination action under the settlement clause was sustained.</description>
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      <pubDate>Tue, 25 Apr 2000 00:00:00 +0530</pubDate>
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