INSOLVENCY AND BANKRUPTCY BOARD OF INDIA
NOTIFICATION
New Delhi, the 6th July, 2022
Insolvency and Bankruptcy Board of India (Employees’ Service) (Amendment) Regulations, 2022
No. IBBI/2022-23/GN/REG090.- In exercise of the powers conferred by sub-sections (2) and (3) of section 194 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Insolvency and Bankruptcy Board of India hereby makes the following regulations further to amend the Insolvency and Bankruptcy Board of India (Employees’ Service) Regulations, 2017, namely: –
1. (1) These regulations may be called the Insolvency and Bankruptcy Board of India (Employees’ Service) (Amendment) Regulations, 2022.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Insolvency and Bankruptcy Board of India (Employees’ Service) Regulations, 2017, for SCHEDULE I the following shall be substituted, namely:-
NOTE –
1. Promotion Note: Where juniors who have completed their qualifying or eligibility service are being considered for promotion, their seniors would also be considered provided they are not short of the requisite qualifying or eligibility service by more than half of such qualifying or eligibility service or two years, whichever is less, and have successfully completed their probation period for promotion to the next higher grade along with their juniors who have already completed such qualifying or eligibility service.
2. Deputation Note:
(a) The departmental officers in the feeder category who are in the direct line of promotion will not be eligible for consideration for appointment on deputation. Similarly, deputationists shall not be eligible for consideration for appointment by promotion.
(b) The period of deputation including period of deputation in another ex-cadre post held immediately preceding this appointment in the same or some other organisation or department of the Central Government, shall ordinarily not exceed three years. It may be extendable for another two years and the maximum period of deputation shall be as per Department of Personnel and Training Guidelines.
3. For filling up Direct Recruit posts, written examination to be conducted by engaging a recognised or reputed and experienced professional agency after following due procedure.
4. In the event of non-availability of adequate number of internal candidates for promotion, the minimum eligible service for promotion to the next higher grade or post may be relaxed by the Board up to a period not exceeding six months.
5. The crucial date for determining the upper age-limit specified in the Schedule shall be the date indicated in the advertisement.
6. Reservation, relaxation of age-limit and other concessions required to be provided for candidates belonging to the Scheduled Caste, the Scheduled Tribes, the other backward classes, Ex-service men and other special categories of persons shall be as applicable in terms of orders or guidelines issued by the Central Government from time to time.
7. In every selection or promotion committee constituted for the purpose of the recruitment or promotion, an officer of appropriate rank belonging to the Scheduled Caste or Scheduled Tribe may be inducted as a member in case no member of such committee belongs to the Scheduled Caste or the Schedule Tribe.
8. A candidate, except in the case of appointments by deputation or by promotion, will be required to undergo medical tests to satisfy the Board of his medical fitness by a Government Medical Officer or Medical Officer of a Government undertaking authorised by board.
9. The antecedents of a candidate, except in the case of appointments by deputation or by promotion, will be verified by the Board and the said verification shall be completed during the period of probation.”
RAVI MITAL, Chairperson
[ADVT.- ]
Note: The Insolvency and Bankruptcy Board of India (Employees’ Service) Regulations, 2017 were published vide notification No. IBBI/2017-18/GN/REG15, dated 24th August, 2017 in the Gazette of India, Extraordinary, Part III, Section 4, No. 327 on 24th August, 2017 and were last amended by the Insolvency and Bankruptcy Board of India (Employees’ Service) (Amendment) Regulations, 2018 published vide notification No. IBBI/2017-18/GN/REG026, dated the 26th March, 2018 in the Gazette of India, Extraordinary, Part III, Section 4, No. 118 on 26th March, 2018.
