Major penalties procedure requires framed charges, inquiry and report with rights to examine evidence and assistance. Procedure requires a formal inquiry prior to imposing major penalties, with the Competent Authority framing written charges, allowing a written defence, ... Summary
Insolvency and Bankruptcy Board of India (Employees’ Service) Regulations, 2017
Major penalties procedure requires framed charges, inquiry and report with rights to examine evidence and assistance.
Procedure requires a formal inquiry prior to imposing major penalties, with the Competent Authority framing written charges, allowing a written defence, and either inquiring itself or appointing an Inquiry Officer and a Presenting Officer. The inquiry includes disclosure of documents and witness lists, rights to inspect and obtain copies, cross-examination, controlled re-examination, and provision for additional evidence or ex parte proceedings if the employee defaults. The Inquiry Officer must prepare a detailed report of charges, defence, evidence assessment and findings, and forward inquiry records to the Competent Authority.
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