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    <title>1996 (4) TMI 525 - Supreme Court</title>
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    <description>Repeatedly sanctioning unauthorised overdrafts, loans, guarantees and other advances beyond delegated authority, while also disobeying instructions and failing to submit control returns, amounted to misconduct under the service regulations. The officer&#039;s sustained course of conduct breached the duty to protect the bank&#039;s interests, act with integrity and diligence, and remain within authorised limits; that breach engaged misconduct under the disciplinary code. The absence of actual loss in some instances did not change the character of the conduct, because repeated unauthorised action undermined bank discipline and exposed funds to risk. The view that the conduct was merely an error of judgment was rejected, and the disciplinary punishment was not interfered with.</description>
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      <title>1996 (4) TMI 525 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=288586</link>
      <description>Repeatedly sanctioning unauthorised overdrafts, loans, guarantees and other advances beyond delegated authority, while also disobeying instructions and failing to submit control returns, amounted to misconduct under the service regulations. The officer&#039;s sustained course of conduct breached the duty to protect the bank&#039;s interests, act with integrity and diligence, and remain within authorised limits; that breach engaged misconduct under the disciplinary code. The absence of actual loss in some instances did not change the character of the conduct, because repeated unauthorised action undermined bank discipline and exposed funds to risk. The view that the conduct was merely an error of judgment was rejected, and the disciplinary punishment was not interfered with.</description>
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