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        IBC

        Insolvency and Bankruptcy Board of India (Salary, Allowances and other Terms and Conditions of Chairperson and members) third Amendment Rules, 2019 - F. No. 30/3/2016-Insolvency - G.S.R. 41(E) - Insolvency and Bankruptcy

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        Provident Fund and Pension rules updated: Chairperson and whole-time members now governed by contributory PF and pension system. The amendment replaces rule 9 of the 2016 Service Rules to provide that the Chairperson and whole-time members shall be governed by the Contributory Provident Fund (India) Rules, 1962 and the Contribution Pension System, with the change made under statutory powers in the Insolvency and Bankruptcy Code, and effective on publication in the Official Gazette.
                      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.

                            Provident Fund and Pension rules updated: Chairperson and whole-time members now governed by contributory PF and pension system.

                            The amendment replaces rule 9 of the 2016 Service Rules to provide that the Chairperson and whole-time members shall be governed by the Contributory Provident Fund (India) Rules, 1962 and the Contribution Pension System, with the change made under statutory powers in the Insolvency and Bankruptcy Code, and effective on publication in the Official Gazette.


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