2.13.13:Insolvency and Bankruptcy Board of India (Employees’ Service) Regulations, 2017

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13. Promotion.

(1) Promotion of an employee shall be made at the discretion of the Board and notwithstanding his seniority in a Grade, no employee shall have a right to be promoted to any particular Position or Grade.

(2) Promotions of Officers to a higher Grade shall be made on consideration of merit-cum-seniority.

(3) Promotions of Assistants to a higher Grade shall be made on consideration of seniority-cum- merit.