Securities And Exchange Board Of India - Subsection
Section 13(5)(b) in Securities and Exchange Board of India (Employees' Service) Regulations, 2001
(b)be paid a lump sum amount which would be equivalent to pay as defined in Regulation 3(1)(j) of these Regulations as on the date of his retirement, for the un-availed ordinary leave earned subject to maximum of ten months plus all allowances normally admissible to the employee concerned during ordinary leave, after which he shall retire.