Special procedure for penalties: authority may impose sanctions after a judicial finding or if employee absconds, with waiver reasons recorded. Regulation 57 permits the Competent Authority to impose penalties under regulation 51 notwithstanding regulations 52-54 where facts are established by a ... Summary
Insolvency and Bankruptcy Board of India (Employees’ Service) Regulations, 2017
Special procedure for penalties: authority may impose sanctions after a judicial finding or if employee absconds, with waiver reasons recorded.
Regulation 57 permits the Competent Authority to impose penalties under regulation 51 notwithstanding regulations 52-54 where facts are established by a judicial finding, the employee has absconded, communication is impracticable, or other difficulties prevent observance of those requirements; if any requirements are waived, the reasons for waiving must be recorded in writing.
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