Reversion rights: promoted employees can be reverted without notice within one year of their promotion under service rules. A promoted employee under the SEBI Employees' Service Regulations, 2001 may be reverted without notice at any time within one year of the promotion; this ... Summary
Referred In :
Securities And Exchange Board Of India (Employees' Service) Regulations, 2001
Reversion rights: promoted employees can be reverted without notice within one year of their promotion under service rules.
A promoted employee under the SEBI Employees' Service Regulations, 2001 may be reverted without notice at any time within one year of the promotion; this administrative prerogative affects promotion stability and relates to seniority and record of service.
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