Dear Lenin Raj,
What kind of this concoction is? If the manager is not responsive then General Manager or any other senior authority should taken action against him. If you allow the juniors to take action against seniors, then it will be pernicious trend. This formula could dilute the authority of the managers.
Secondly, what if manager and subordinate enter into tacit understanding in not taking action against each other?
Please note that in the business organisations, the flow of authority has to be from the top. Reverse flow could stop at the MD's level and who will take action against MD?
Possibly this idea might have emerged from the egalitarian mindset but the business organisations run on capitalism and one who invests the capital will always have upper hand.
Business organisations cannot be run like democracy.
Thanks,
Dinesh Divekar