(1.) -A short question was kept alive to be decided in this appeal by special leave confining to ground (n) of the Special Leave Petition. That question arises in this manner.Reserve Bank of India
(2.) In a departmental enquiry, the appellant was imposed four penalties out of which one was a penalty of Rs. 5,000/ - to be recovered from him towards reimbursement of the total loss of Rs. 10,000 sustained by the respondent Bank who is his employer. The appellant filed a suit for recovery of a sum of money inclusive of the aforesaid sum of Rs. 5,000/ -. The said sum had been recovered by causing deductions from the salary, allowances and increments due to the appellant. The appellant challenged the manner of recovery in the suit and on its dismissal reiterated his challenge before the High Court in Regular First Appeal. On the rejection of his contention, he had sought leave basically on the strength of Regulation 8 of the Reserve Bank of India Guarantee Fund Regulations (as amended up to December, 1958) which reads as under:
(3.) Accordingly, there is no merit in this appeal which is dismissed with no order as to costs.