Vijaya Bank v. Prashant B Narnaware
Supreme Court of India2025 EduLaw (SC) 565Bench: PS Narasimha; Joymalya Bagchi
The Supreme Court outlined the legal principles applicable to interpreting standard form employment contracts and upheld the validity of a bond clause allowing a Public Sector Bank to recover Rs.2 lakhs from an employee who resigned before completing the mandatory three-year service period.