Show Cause Notice
SHOW CAUSE NOTICE
It has been reported that you introduced Mr., S/O ________________ R/O ________________ for loan for the purpose of crops and the loan amount was Rs. __________/- for the season dated________. On your initiations, crop loan of Rs. ___________/- was granted and cheque was given on dated_________. When there was no loan amount paid back by him and the loan amount became outstanding, then one of our field staff after verification found that no cane was cultivated in his area .On further verification it is learnt that the cheque was deposited in the Dist Co-Operative Central Bank Limited, Medak on dated________. It was found that you have endorsed on withdrawal form of
the bank, which was in the name of Mr. and received the amount of Rs. ________/-. It clearly shows that you have acted with an ulterior motive for a wrongful gain. Therefore you have cheated the company and caused loss to the company. You’re above acts amount to misconduct under the Model Standing Orders applicable to you.
Hence you are hereby call upon your explanation within three (3) days from the date of receipt of this notice, why appropriate disciplinary action cannot be taken against you for your misconducts, In case no reply is received within the stipulated time strict action will be taken against you it will be presumed that you have no explanation to submit and further action will be initiated against you.
Dy. General Manager (Process)
Cc: 1. General Manager, Place _______
2. President, Place ________