The panel, which was set up in 2009, started investigation when Sitaram Yechury and more than 50 other Rajya Sabha MPs asked for Sen to be dismissed because he had misused funds that he was responsible for as a lawyer.
It's alleged that in 1984, Sen was appointed a receiver of the court in a civil suit. In this capacity, he was in charge of funds related to the case, and was meant to set them aside in a separate bank account.
Instead, even after his promotion to Judge, the money remained in an account in his name.
However, Sen had argued that he should not be dismissed because he committed financial violations as a lawyer, and not after he became a judge.
Justice Sen will be the 1st Indian judge to be removed thus if he would be impeached.