RESERVE BANK OF INDIA Vs. KRISHNANANDA BANERJEE

JUDGEMENT

(1.) FACTS :

(2.) The learned Judge recorded his contention. The relevant extract is quoted below:

(3.) The learned counsel appearing for the Bank Authority would however confront such allegation by contending, the Bank acted in good faith as per the service regulation and after the respondent had been acquitted of criminal charges the Authority paid him all his retiral benefit including the promotional benefit. This payment was made in 2011.