Investor Education and Protection Fund Authority (Recruitment, Salary and other Terms and Conditions of Service of Deputy General Manager, Private Secretary, Personal Assistant, Stenographer, Senior Secretariat Assistant (SSA) and Junior Secretariat Assistant (JSA) Recruitment Rules, 2018 - G.S.R. 793(E). - Companies Law

MINISTRY OF CORPORATE AFFAIRS Notification New Delhi , the 21st August, 2018 G.S.R. 793(E).- In exercise of the powers conferred by sub-section (7) of section 125 and section 469 of the Companies Act 2013 (18 of 2013), the Central Government hereby makes the following rules, namely:- 1. Short title and commencement. - (1) These rules may be called the Investor Education and Protection Fund Authority (Recruitment, Salary and other Terms and Conditions of Service of Deputy General Manager, Private Secretary, Personal Assistant, Stenographer, Senior Secretariat Assistant (SSA) and Junior Secretariat Assistant (JSA) Recruitment Rules, 2018. (2) These rules shall come into force on the date of their publication in the Official Gazette. 2. Definitions. - (1) In these rules, unless the context otherwise requires,- (a) Act means the Companies Act, 2013 (18 of 2013) ; (b) Investor Education and Protection Fund Authority means authority as constituted under section 125 of the Act; (2) The words and expressions used herein but not defined in these rules, and defined in the Act shall have the meanings as assigned to them in the Act. 3. Application. - These rules shall apply to the posts specify in column- I of the Schedule annexed to these rules. 4. Number of posts, classification and level in the pay matrix. - The number of posts, their classification and level in the pay matrix attached thereto shall be as specified in columns (2) to (4) of the said Schedule. 5. Method of recruitment, eligibility etc. - The method of recruitment, eligibility and other matters relating thereto shall be as specified in columns (5) to (13) of the aforesaid Schedule. 6. Procedure for appointment on deputation . - The following procedure shall be followed for making appointment on deputation to posts wherever prescribed in the Schedule: (1) The Investor Education and Protection Fund Authority shall invite applications for the posts of the Deputy General Manager, Private Secretary, Personal Assistant, Stenographer, Senior Secretariat Assistant (SSA) and Junior Secretariat Assistant (JSA). (2) The selection committee for evaluating the applications received under sub- rule (1) shall be constituted as per column 12 of the schedule. 7. Period of deputation. (1) The period of deputation, including the period of deputation in another excadre post held immediately preceding this appointment in the same or some other organisation or department of the Central Government, shall be three years from the date of beginning of the deputation for the posts below level 11 in the pay Matrix of 67700-208700. The period of deputation may be extended as per extant instruction of the Department of Personnel Training issued in this regard. (2) The applicant for deputation should not have attained the age of fifty six years on the last date of receipt of applications. The instructions issued by Department of Personnel and Training shall be applicable to officers and staff serving on deputation basis to the Investor Education and Protection Fund Authority. 8. Conditions of service. - The conditions of service relating to pay, allowances and leaves shall be regulated in accordance with such rules and regulations as are applicable to the officers and employees of the corresponding Level in the pay Matrix of the Central Government at that point of time. 9. Accommodation. The officers and employees shall have the option of claiming House Rent Allowance in accordance with the rate prescribed by the Central Government as applicable to officers and employees of the corresponding scales of pay of the Central Government: Provided that they shall not be eligible for House Rent Allowance in case they are declared eligible for general pool residential accommodation and occupy such a Government accommodation allotted to them. 10. Disciplinary Proceedings.- The modalities of disciplinary proceedings against the officers and employees shall be notified by the Chief Executive Officer of the Investor Education and Protection Fund Authority as per rules and regulations applicable to officers and employees of the corresponding Level in the pay Matrix of the Central Government. 11. Disqualification. - No person- (a) who has entered or contracted a marriage with a person having a spouse living; or (b) who, having a spouse living , has entered into or contracted a marriage with any person, Shall be eligible for appointment to the said posts: Provided that the Central Government may, if satisfied that such marriage is permissible under the personal law applicable to such person and the other party to the marriage and that there are other grounds for so doing, exempt any person from the operation of this rule. 12. Power to relax. - Where the Central Government is of the opinion that it is necessary or expedient so to do, it may, by order and for reasons to be recorded in writing, relax any of the provisions of these rules with respect to any class or category of persons. SCHEDULE-I [see Rules 3, 5, 6, 7, 8, 9] Name of post Number of post Classification Pay Level and the pay Matrix Whether selection post or non- selection post Age limit for direct recruits Educational and other qualifications required for direct recruits 1 2 3 4 5 6 7 (1) Deputy General Manager 01* (2018) *Subject to variation dependent on workload. Group A . Level-11. Not applicable Not applicable Not applicable Whether age and educational qualifications prescribed for direct recruits will apply in the case of promotees Period of probation, if any Method of recruitment whether by direct recruitment or by promotion or by deputation/ absorption and percentage of posts to be filled by various methods In case of recruitment by promotion or by deputation/absorption, the grade from which promotion or deputation or absorption is to be made 8 9 10 11 Not applicable Not applicable Deputation Deputation : Officers of the Central and State Government; (i) holding analogous post on regular basis; or (ii) a post in Level-10 with five years regular service. Desirable : Having knowledge of Companies Act and experience in administrative/ Establishment matters If a Departmental Promotion Committee exists, what is its composition Circumstances in which Union Public Service Commission to be consulted in making recruitment 12 13 Selection Committee: CEO, IEPF Authority - Chairman General Manager, IEPF Authority -Member Director/ Deputy Secretary, MCA -member Not applicable 1 2 3 4 5 6 7 (2) Private Secretary 01* (2018) * Subject to variation dependent on workload. Group B Level-8 Non- selection Not applicable Not applicable 8 9 10 11 Not applicable. Not applicable. Promotion filling which by deputation. Promotion:- Personal Assistant with six years regular service in Level-6. Note 1: Where juniors who have completed their qualifying or eligibility service are being considered for promotion, their seniors would also be considered provided they are not short of the requisite qualifying or eligibility service by more than half of such qualifying or eligibility service or two years, whichever is less, and have successfully completed their probation period for promotion to the next higher grade along with their juniors who have already completed such qualifying or eligibility service. Deputation:- Officials working in Central or State Governments holding:- (i) analogous post on regular basis; or (ii) a post in Level-7 with two years regular service; or (iii) a post in Level-6 with six years regular service and pass skill Test i.e. [email protected] (English).Transcription on computer 55 minutes. 12 13 Departmental Promotion Committee/ Selection Committee: General Manager, IEPF Authority - Chairman Deputy General Manager, IEPF Authority - Member Under Secretary, MCA - Member Not applicable. 1 2 3 4 5 6 7 (3) Personal Assistant *01 (2018) * Subject to variation dependent on workload. Group B Level-6 Non selection Not applicable Not applicable 8 9 10 11 Not applicable. Not applicable. Promotion filling which by deputation. Promotion: Stenographers with ten years regular service in Level-4. Note : Where juniors who have completed their qualifying or eligibility service are being considered for promotion, their senior would also be considered provided they are not short of the requisite qualifying or eligibility service by more than half of such qualifying or eligibility service or two years, whichever is less, and have successfully completed probation period for promotion to the next higher grade along with their juniors who have already completed such qualifying or eligibility service. Deputation/Absorption : Officers of the Central Government or State Governments holding:- (i) analogous post on regular basis, or (ii) a post in Level -4 with ten years regular service ; and possessing skill norms i.e. dictation @100w.p.m (English) transcription 50 minutes on computer. 12 13 Departmental Promotion Committee/ Selection Committee: General Manager, IEPF Authority - Chairman Deputy General Manager, IEPF Authority - Member Under Secretary, MCA - Member Not applicable 1 2 3 4 5 6 7 (4) Stenographer 02* (2018) * Subject to variation dependent on workload . Group C Level-4 Not applicable Not applicable Not applicable 8 9 10 11 Not applicable. Two years Deputation/ absorption. Deputation/Absorptions : Officers working under Central Government or State Governments holding:- (i) analogous post on regular basis or (ii) Lower Division Clerk with eight years regular service in Level-2 and pass skill Test i.e. dictation @ 80w.p.m (English) transcription 40 minutes on computer. 12 13 Selection Committee: General Manager, IEPF Authority - Chairman Deputy General Manager, IEPF Authority - Member Under Secretary, MCA - Member Not applicable. 1 2 3 4 5 6 7 (5) Senior Secretariat Assistant (SSA) 01* (2018) *Subject to variation dependent on workload. Group C Level-4 Non selection. Not applicable. Not applicable. 8 9 10 11 Not applicable. Not applicable. Promotion filling which by deputation. Promotion: Lower Division Clerk with eight years regular service and in Level-2. Note : Where juniors who have completed their qualifying or eligibility service are being considered for promotion, their seniors would also be considered provided they are not short of the requisite qualifying or eligibility service by more than half of such qualifying or eligibility service or two years, whichever is less, and have successfully completed probation period for promotion to the next higher grade along with their juniors who have already completed such qualifying or eligibility service. Deputation: Officials working under Central or State Governments holding: (i) analogous post on regular basis; or (ii) a post in Level-2 with eight year regular service. 12 13 Departmental Promotion Committee/ Selection Committee: General Manager, IEPF Authority -Chairman Deputy General Manager, IEPF Authority -Member Under Secretary, MCA -Member Not applicable. 1 2 3 4 5 6 7 (6) Junior Secretariat Assistant (JSA) 01* (2018) * Subject to variation dependent on workload. Group C Level-2 Not applicable Not applicable Not applicable 8 9 10 11 Not applicable. Not applicable. Deputation/ absorption. Deputation/absorptions: Officials of the Central or State Governments holding: (i) analogues post; or (ii) a post in Level-1 with three year regular service. 12 13 Selection Committee: General Manager, IEPF Authority - Chairman Deputy General Manager, IEPF Authority - Member Under Secretary, MCA - Member Not applicable. [F. No. 05/05/2014-IEPF] GYANESHWAR KUMAR SINGH, Jt. Secy.