https://www.taxtmi.com/acts?id=34790 Employees ordinarily retire at 60 years, with the Board empowered to retire employees at or after 55 years or 30 years' service on three months' written notice. Employees may voluntarily retire at 50 years or after 20 years' service with three months' notice, and the Board may offer a voluntary retirement scheme. The Board may grant compensation for early or voluntary retirement and must account for unavailed ordinary leave by permitting leave up to ten months or by paying a lumpsum equivalent to pay for unavailed leave plus allowances. The Board may obtain bonds for liquidated damages linked to deputation or training obligations. en-us Thu, 10 Jan 2019 12:53:13 +0530 Tue, 03 Sep 2024 15:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=34790 Employees ordinarily retire at 60 years, with the Board empowered to retire employees at or after 55 years or 30 years' service on three months' written notice. Employees may voluntarily retire at 50 years or after 20 years' service with three months' notice, and the Board may offer a voluntary retirement scheme. The Board may grant compensation for early or voluntary retirement and must account for unavailed ordinary leave by permitting leave up to ten months or by paying a lumpsum equivalent to pay for unavailed leave plus allowances. The Board may obtain bonds for liquidated damages linked to deputation or training obligations. Act-Rules SEBI Thu, 10 Jan 2019 12:53:13 +0530 https://www.taxtmi.com/acts?id=34790