Regulation 13 of IBBI (Employees’ Service) Regulations, 2017 – Promotion

The Insolvency and Bankruptcy Code, 2016 IBBI (Employees’ Service) Regulations, 2017 Chapter III – Record of Service, Seniority and Promotion Regulation 13: […]

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The Insolvency and Bankruptcy Code, 2016

IBBI (Employees’ Service) Regulations, 2017

Chapter III – Record of Service, Seniority and Promotion

Regulation 13: Promotion.

13. (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.

 



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