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TMI BlogEmployment after retirementX X X X Extracts X X X X X X X X Extracts X X X X ..... a commercial employment except with the previous approval in writing of the competent authority. Provided that an employee who was permitted by the Competent authority to take up commercial employment during his leave preparatory to retirement or during refused leave shall not be required to obtain subsequent permission for his continuance in such employment after retirement. (2) For the purpose ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... practice is to be set up are such as are likely to give his clients an unfair advantage by reason of his previous official position, or (c) Undertaking work involving liaison or contact with the offices or officers of the Board. Explanation : For the purpose of this clause, employment under a cooperative society includes the holding of any office, whether elective or otherwise such as that of Pres ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ar:] Provided 4 [further that] before refusing approval the competent authority shall give a hearing to the concerned employee. A copy of the decision taken shall be communicated by the Competent Authority to the concerned employee. 5 [(4)]The competent authority while granting such approval shall satisfy itself regarding the appropriateness of granting the approval, having regard to dealing which ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 13.08.2018. 3 Inserted ibid. 4 Substituted for , however by the SEBI (Employees Service) (Third Amendment) Regulations, 2018, w.e.f. 13.08.2018. 5 Numbered by the SEBI (Employees Service) (Third Amendment) Regulations, 2018, w.e.f. 13.08.2018. 6 Clause (a) added to the provision by the SEBI (Employees Service) (Third Amendment) Regulations, 2018, w.e.f. 13.08.2018. 7 Omitted by the SEBI (Employee ..... X X X X Extracts X X X X X X X X Extracts X X X X
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