The Supreme Court in State Bank of India v. Ramadhar Sao (2025) reaffirmed that judicial review in disciplinary proceedings is limited to correcting legal or procedural errors, not re-evaluating evidence. Setting aside Patna High Court’s orders, the Court restored SBI’s penalty of removal with superannuation benefits, stressing that corruption cannot be excused even at lower levels of employment.

The National Company Law Appellate Tribunal (NCLAT) has ruled that a Look-Out Circular (LOC) cannot be issued mechanically against a personal guarantor to a corporate debtor. In Ramesh Jain v. State Bank of India, the tribunal held that the creditor must provide specific, credible reasons to believe the guarantor is a flight risk. This decision safeguards the guarantor's fundamental right to travel abroad and prevents LOCs from being used as a tool for harassment by financi