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<h1>Insolvency and Bankruptcy Board of India: Pay and Allowances Stop on Leaving, Dismissal, or Death in Service.</h1> Pay and allowances for employees of the Insolvency and Bankruptcy Board of India cease on the date they leave the Board's service. If an employee is dismissed, removed, or compulsorily retired, their pay and allowances stop from the date of such action. In the event of an employee's death while in service, pay and allowances cease the day after the death occurs.