Legal Question in Banking Law in India

Sir, I joined as Probationary Officer with a Nationalised Bank in India. The probation period in the bank was of 1 year. During my probation I signed on some loan proposals as recommending officer on advise of my Branch Manager. However subsequently during inspections many discrepancies were found in those loans including fake registries, incomplete documents, valuations on higher side etc. in most of them. As i signed the recommendations on trust basis and on advise of my branch head, i am totally innocent and i signed just with the belief of increasing the business of the branch and without any malafide intention. However the bank has ordered an inquiry into the matter and I have been put under suspension.

Please guide me, whether I have any defence in my favour in above matter.

Thanks


Asked on 2/16/13, 5:06 am

2 Answers from Attorneys
J. Radhakrishnan independent Practice

Engage an officers' Association

office bearer as your defence representative and give your responses to the bank with his assistance.

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Answered on 2/16/13, 8:19 am
Pravin Vaidya Independent

In case you are based in Gujarat pl. contact me on phone 09426334688 to enable me to study your case.

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Answered on 2/22/13, 2:36 pm


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