Securities And Exchange Board Of India - Subsection
Section 16(3) in Securities and Exchange Board of India (Employees' Service) Regulations, 2001
(3)For the purpose of promotions, Chairman shall constitute a Departmental Promotion Committee comprising such number of persons including external expert which may conduct interviews, if so decided, for selection of employees for considering promotion to the next grade or post.Provided that in the case of promotions to the post of Executive Director, the Committee shall consist of Chairman and two other members of the Board.
