Insolvency and Bankruptcy Board of India (Engagement of Research Associates and Consultants) (Amendment) Regulations, 2022 - IBBI/2022-23/GN/REG083 - Insolvency and Bankruptcy
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Remuneration amendment empowers Chairperson to revise consolidated pay and permits contract extensions up to a five year term. The amendment authorises the Chairperson to amend consolidated remuneration in Schedule II for reasons recorded in writing, substitutes Schedule II to prescribe graded consolidated monthly pay with an annual increment, and provides that candidates are engaged contractually for one to three years with Chairperson authority to extend the term one year at a time up to a maximum aggregate of five years, 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.
Remuneration amendment empowers Chairperson to revise consolidated pay and permits contract extensions up to a five year term.
The amendment authorises the Chairperson to amend consolidated remuneration in Schedule II for reasons recorded in writing, substitutes Schedule II to prescribe graded consolidated monthly pay with an annual increment, and provides that candidates are engaged contractually for one to three years with Chairperson authority to extend the term one year at a time up to a maximum aggregate of five years, effective on publication in the Official Gazette.
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