Securities And Exchange Board Of India - Subsection
Section 16(2) in Securities and Exchange Board of India (Employees' Service) Regulations, 2001
(2)All promotions shall be against vacancies in sanctioned posts declared by the competent authority [except promotions to officer Grade C Words "and officer Circle" [***] [Inserted by SEBI (Employees' Service) (Amendment) Regulations 2010, w.r.e.f. 30-1-2008.]] and shall be based on-(a)Seniority, merit and suitability in the cases of Officers and Secretarial Staff, Accounts Assistants [, Library Assistants, Junior Secretarial Assistants, Junior Accounts Assistants, Junior Library Assistants and Junior Engineers] [Substituted for 'and Library Assistants' by the SEBI (Employees' Service) (Amendment) Regulations, 2012 w.e.f. 2-5-2012.];(b)Seniority and merit in the cases of Words "Receptionist-com-Telephone Operator and" [***] [omitted by SEBI (Employees' Service) (Amendment) Regulations, 2010 w.r.e.f. 30-1-2008.] Messenger, Cook, Driver, Messenger-cum-Driver, Messenger-cum-General Assistant.Provided that in assessing the suitability of the employee for promotion, the performance of the employee in the post or grade, from where he is being considered for promotion, shall be considered.
