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        IBC

        Regulation 18 - Cessation of pay and allowances

        Insolvency and Bankruptcy Board of India (Employees’ Service) Regulations, 2017
        Chapter IV
        PAY, ALLOWANCES AND OTHER BENEFFITS

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        Cessation of pay and allowances stops accrual upon termination of service, dismissal, compulsory retirement or death. Cessation of pay and allowances occurs when an employee ceases to be in service, with pay and allowances stopping from the date of dismissal, removal or compulsory retirement, and, in the event of death in service, from the day after the death.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Cessation of pay and allowances stops accrual upon termination of service, dismissal, compulsory retirement or death.

                                Cessation of pay and allowances occurs when an employee ceases to be in service, with pay and allowances stopping from the date of dismissal, removal or compulsory retirement, and, in the event of death in service, from the day after the death.


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