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Securities And Exchange Board Of India - Section

Section 15 in Securities and Exchange Board of India (Employees' Service) Regulations, 2001

15. Seniority.

- [(1) An employee confirmed in the services of the Board shall ordinarily rank for seniority in his grade according to his date of confirmation in the grade and an employee on probation shall ordinarily rank for seniority among the employees selected along with him in the same batch according to the ranking assigned to him at the time of selection.] [Substituted by SEBI (Employees' Service) Regulations, 2010, w.r.e.f. 30-1-2008.]
(2)The Board shall, each year, prepare a list of the employees in its service showing their names in the order of their seniority containing such other particulars as the Chairman may determine and a copy of such list shall be made available to each employee.