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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Retired employees need Board approval for commercial jobs within two years; automatic if no response in 90 days.</h1> Regulation 44 of the Insolvency and Bankruptcy Board of India (Employees' Service) Regulations, 2017, restricts retired employees from accepting commercial employment within two years of retirement without the Board's prior approval. Before denying approval, the Board must provide a hearing and communicate its decision to the retiree. The Board may impose conditions when granting approval. If the Board does not communicate its decision within 90 days of receiving the application, approval is automatically granted.
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