Madhya Pradesh High Court has recently clarified that the expression 'lower' grade/post in Clause 39 of LIC also encompasses punishment to the 'lowest'/'minimum' grade or post. To reach such a conclusion, the court discussed the findings of the MP High Court regarding the ambit of Regulation 30 of Kshetriya Gramin Bank's Staff Service Regulations, 1980, rendered in Gurudayal Gupta v. …