1.Can a PSU Bank decline the resignation by a permanent Employee and if it does can the Employee challenge it in a Court of Law
2.Can the Bank start disciplinary proceedings against him after he has submitted his resignation.
Rajesh (Manager) 16 February 2014
1.Can a PSU Bank decline the resignation by a permanent Employee and if it does can the Employee challenge it in a Court of Law
2.Can the Bank start disciplinary proceedings against him after he has submitted his resignation.
Sudhir Kumar, Advocate (Advocate) 17 February 2014
Ngaraj N Nyamati (Advocate) 18 February 2014
Dear rajesh,
Yes, before accepting your resignation as per the guidelines of bank, management call foryour earlier reports from your earlier branch/offices where you have worked about 7-10 years() depending upon the guidelines.If they get clean reports, then your resignation will be accepted with intimation. In case any irregularies observed/received loss of amount to bank due to your negliance and any amount due to bank voilating the norms of the bank while lending loans and other matter Bank may not accept your resignation and give notice, why they are not accepting with the reasons. Only on completion of full enquiries. and settlement of irregularities your resignation will be accepted after clearance of the charges made in the notice.
Management of bank has right to take action/recovery the amount even after accepting your resignation as per bank guidelines.
Nagaraj N Nyamati
T. Kalaiselvan, Advocate (Advocate) 19 February 2014
Well advised by Advocate Ngaraj on the subject. I endorse the same.
narendra.s.p (Chief Manager(Law)) 21 February 2014
Please be careful before resigning. If you are a pension optee seek voluntary retirement otherwise your past service may be forfeited under Pension Regulation.
Ngaraj N Nyamati (Advocate) 23 February 2014
Dear Nagendra,
Mr. Rajesh has enquired, whether bank can decline the resignation and even after resiganation bank can take action.
Nagaraj N Nyamati