Home Acts & Rules IBC Regulation Insolvency and Bankruptcy Board of India (Employees’ Service) Regulations, 2017 Chapters List Chapter VI CONDUCT, DISCIPLINE AND APPEALS This
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Regulation 57 - Special procedure in certain cases - Insolvency and Bankruptcy Board of India (Employees’ Service) Regulations, 2017Extract Special procedure in certain cases 57. Notwithstanding anything contained in regulation 52 or regulation 53 or regulation 54, the Competent Authority may impose any of the penalties specified in regulation 51, if the facts on the basis of which action is to be taken, have been established in a Court of Law or where the employee has absconded or where it is for any other reason impracticable to communicate with him or where there are other difficulties in observing the requirements contained in regulations 52, 53 and 54 and the requirements can be waived without doing injustice to the employee: Provided that in every case where all or any of the requirements of regulations 52, 53 and 54 are waived, the reasons for so doing shall be recorded in writing.
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