STATE BANK OF PATIALA vs M.P. JINDAL — C.A. No. 4930/2014

Case Summary: State Bank of Patiala v. M.P. Jindal The Supreme Court allowed State Bank of Patiala's civil appeal, setting aside the High Court's order awarding back wages to respondent M.P. Jindal. The Court held that while an acquittal on appeal obliterates a criminal conviction, it does not retrospectively erase the legal consequences of that conviction under the Banking Regulation Act, 1949, and therefore the employee is not entitled to back wages from dismissal to reinstatement. This case analysis is maintained by casestatus.in based on publicly available court records.