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TMI BlogSuperannuation and RetirementX X X X Extracts X X X X X X X X Extracts X X X X ..... rs of total service, whichever is earlier, by giving him 3 [ three months notice in writing subject to due process as approved by the Competent Authority. ] (2) An employee, who attains the age of supperannuation on any day other than the first day of any calendar month, shall retire on the last day of the month in which he completed his age of retirement. (3) An employee may also, if he so desire ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng anything contained in these Regulations, where an employee has ordinary leave earned but not availed of as on the date of retirement, he may, at his option, (a) be permitted to avail of leave subject to a maximum of ten months in respect of leave earned under these Regulations and in that case the employee will be deemed to have retired from service on the expiry of the leave; or (b) be paid a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gulations, the Board 4 [ shall ] have the right to obtain undertakings/bonds from an employee for payment of liquidated damages relating to deputation of training or his failure to complete the required number of years of service in a particular post, as may be determined by the Board from time to time. ************ NOTES:- 1 Inserted by SEBI (Employees' Service) (Amendment) Regulations, 2011, ..... X X X X Extracts X X X X X X X X Extracts X X X X
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