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<h1>Insolvency Board Promotions: Merit-Cum-Seniority for Officers, Seniority-Cum-Merit for Assistants per 2017 Regulations</h1> Promotion within the Insolvency and Bankruptcy Board of India is governed by the Employees' Service Regulations, 2017. The Board has the discretion to promote employees, and seniority alone does not guarantee promotion. Officers are promoted based on a merit-cum-seniority basis, while Assistants are promoted on a seniority-cum-merit basis.