Legal Question in Employment Law in India

I have been relived from a public sector bank on 9 sept ,2014, after that I joined some other psb , now my earlier bank has written any letter for loan which were sanctioned prior to 31.03.2012 that dome fault are (detailed content are not know as my present employer has not asked for any explanation so far. No my question is as under.

All the loan have been audited conserve 2 audit ann passed more than 4 years.

All loan under one scheme kcc, duly reviewed my controlling official.

Now ex bank have any right after proper relieving


Asked on 5/21/16, 8:13 am

2 Answers from Attorneys
Fca Prashant Chavan Expert Edge LLP

21.05.2016

Dear Sir / Madam,

The inquiry or investigation will have not sustain, unless the Bank has substantial incriminating evidence to prove that you were solely and directly responsible for the loss, if any caused to the Bank.

Regards,

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Answered on 5/21/16, 8:33 am

1) Though u r relieved, if the a/c is now turned NPA, and ur lapses

detected resulted in the Bank likely to sustain loss, u are liable.

2) When u r given the opportunity of defence, all ur points will

come up to determine the extent of allegations against u.

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Answered on 5/21/16, 8:49 am


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