REGULATIONS

Prev14 of 19Next

2.13. The Insolvency and Bankruptcy Board of India (Employees’ Service) Regulations, 2017

Chapter I. PRELIMINARY

  1. Short title and commencement.
  2. Definitions.

Chapter II. APPOINTMENT, PROBATION AND TERMINATION OF SERVICE

  1. Classification and appointment of employees.
  2. Recruitment.
  3. Initial Appointments to be made on minimum pay.
  4. Probation.
  5. Commencement of service.
  6. Resignation from service.
  7. Superannuation and retirement.
  8. Liquidated damages.

Chapter III. RECORD OF SERVICE, SENIORITY AND PROMOTION

  1. Record of service.
  2. Seniority.
  3. Promotion.

Chapter IV. PAY, ALLOWANCES AND OTHER BENEFFITS

  1. Entitlement.
  2. Pay, allowances and other benefits.
  3. Gratuity.
  4. Pension.
  5. Cessation of pay and allowances.
  6. Increments.
  7. Fixation of pay on promotion.
  8. Hometown.

Chapter V. LEAVE AND JOINING TIME

  1. Leave not a matter of right.
  2. Kinds of leave.
  3. Lapse of leave on cessation of service.
  4. Obligation to furnish Leave address.
  5. Leave not admissible to an employee under suspension.
  6. Casual leave.
  7. Special casual leave.
  8. Ordinary leave.
  9. Sick leave.
  10. Maternity leave and paternity leave.
  11. Accident leave.
  12. Extraordinary leave.
  13. Joining time.

Chapter VI. CONDUCT, DISCIPLINE AND APPEALS

  1. Definitions.
  2. Scope of an employee’s service.
  3. Liability to abide by regulations and directions.
  4. Obligation to maintain secrecy.
  5. Employees to promote Board’s interest.
  6. Prohibition against participation in politics and standing for election.
  7. Prohibition against joining certain associations and strikes.
  8. Contributions to the press.
  9. Employee not to seek outside employment.
  10. Employment after retirement.
  11. Employment with a service provider.
  12. Giving evidence.
  13. Acceptance of gifts.
  14. Movable, immovable and valuable property.
  15. Conviction.
  16. Prohibition of sexual harassment of women employee at work place.
  17. Penalties.
  18. Procedure for imposing major penalties.
  19. Action on the inquiry report.
  20. Procedure for imposing minor penalties.
  21. Communication of orders.
  22. Common proceedings.
  23. Special procedure in certain cases.
  24. Suspension.
  25. Subsistence allowance.
  26. Vigilance cases.
  27. Appeal.

Chapter VII. MISCELLANEOUS

  1. Deputation of employees to other services.
  2. Redressal of grievances.
Prev14 of 19Next

2.13. The Insolvency and Bankruptcy Board of India (Employees’ Service) Regulations, 2017