Latest news with #ChhattisgarhCivilServices(Conduct)Rules
India Gazette
02-07-2025
- Business
- India Gazette
Chhattisgarh govt employees permitted to invest in shares, mutual funds; intra-day trading to remain prohibited
Raipur (Chhattisgarh) [India], July 2 (ANI): Chhattisgarh Government has notified an amendment to the Chhattisgarh Civil Services (Conduct) Rules, 1965, permitting state government employees to invest in shares, securities, debentures, and mutual funds, in line with the provisions applicable to Central Government employees. The General Administration Department has notified the new amendment to the Chhattisgarh Civil Services (Conduct) Rules, 1965, which has been implemented by introducing a new sub-clause under Rule 19, with the objective of ensuring transparency in financial transactions. However, the notification clearly stipulates that intraday trading, BTST (Buy Today Sell Tomorrow), Futures and Options (F&O), and investment activities in cryptocurrencies shall remain prohibited. Earlier today, the Nifty ended 88 points lower, while the Sensex closed 288 points lower. Among sectors, the Metal index outperformed, rallying 1.41 per cent, whereas the Realty index lost the most, shedding 1.44 per cent. India's strong domestic fundamentals, a responsive RBI, and good monsoon conditions have been supporting the financial markets. US markets are hitting all-time highs, and the US dollar is weakening; as a result, emerging markets like India are benefiting. A comfortable inflation number in India also somewhat supported the domestic equity indices recently. (ANI)
Time of India
22-05-2025
- Time of India
Dismissal from job sans inquiry 'stigmatic': CG HC
Raipur: Raipur: Taking unauthorised leave for his wedding during his probation period proved costly for a peon at Balod district court — he was sacked after returning from a 20-day absence. After a nine-year-long legal battle, he has now got back his job. Chhattisgarh high court, in a recent order, held that the termination of Rajesh Kumar Deshmukh was "ex facie stigmatic", as it was issued without a regular departmental inquiry. It quashed the termination order, and ordered the district court to reinstate him with 50% back wages. Deshmukh was appointed as a peon on May 1, 2014, and placed on two-year probation as a Class IV employee from April 7, 2016. He applied for seven days' earned leave from April 27-May 7, 2016, for his wedding, scheduled on April 28–29. However, his leave request was rejected, with instructions from the Balod district and sessions judge to instead apply separately for three days. Deshmukh went AWOL from April 24 to May 12. A showcause notice was issued to him on May 27, 2016. In his reply, he claimed he was unaware of the rejection of his leave application and tendered an apology. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Keep Your Home Efficient with This Plug-In elecTrick - Save upto 80% on Power Bill Learn More Undo His services were terminated on June 22, 2016, on grounds of unauthorised absence and leaving the headquarters — acts deemed as gross negligence under Chhattisgarh Civil Services (Conduct) Rules, 1965, and CG Civil Services (General Conditions of Services) Rules, 1961. Deshmukh challenged his dismissal through counsels R K Kesharwani and Ajita Kesharwani. The case was heard by the single bench of Justice Sanjay S. Agrawal. During arguments, his counsels contended that a probationer cannot be terminated without a proper inquiry into the allegations. This was a violation of principles laid down by Supreme Court in Vijayakumaran C.P.C. v. Central University of Kerala & Others, they said. HC observed that the termination order labelled Deshmukh as 'grossly negligent' for his absence and for admitting that he was not residing at the headquarters. However, it noted that the showcause notice only addressed the issue of unauthorised leave, not his place of residence. The court held that declaring Deshmukh guilty without an inquiry or offering an opportunity to be heard would harm his career, rendering the termination 'stigmatic'. Setting aside the dismissal and ordering his reinstatement, the court clarified that entitlement to back wages would depend on any future action taken by the competent authority. However, it said that if no fresh inquiry is initiated, Deshmukh would be entitled to 50% of the back wages from the date of termination to the date of reinstatement.
