Promotion

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....ed by SEBI (Employees' Service) (Second Amendment) Regulations, 2012, w.r.e.f. 19-11-2012. 2 Substituted by the SEBI (Employees' Service) (Amendment) Regulations, 2012, w.e.f. 2-5-2012. Prior to the same, it read as "except promotions to Officer Grade C and Officer Grade E", inserted by the SEBI (Employees' Service) (Amendment) Regulations, 2010, w.e.f. 30-1-2008. 3 Substituted for "a....

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....r consideration of promotion to a higher post. Provided further that an employee in any grade in the cadre of secretarial staff, accounts assistants and library assistants who possess requisite qualifications may be considered for switch over to the 1[corresponding grade in the] Officer cadre against such vacancies, which shall be 10% of total vacancies arising in a calendar year, as may be notif....

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....in the departmental test conducted by the Competent Authority or by an outside agency engaged by the Board and interview to be conducted by the Competent Authority for this purpose.] (2) All promotions shall be against vacancies in sanctioned posts declared by the competent authority 2[except promotions up to Officer Grade C] and shall be based on- (a) Seniority, merit and suitability in the cas....