CourtMesh

Section 36A

Securities and Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018 (last amended on September 23, 2019)Central Regulations · 1992

(1) Eligibility.

(a) A female employee confirmed in the services of the Board and having completed five years of service in the Board, is eligible to apply for special hardship leave:

Provided that special hardship leave before completion of five years of service may be sanctioned in exceptional circumstances for the purposes provided in sub-regulation (2), on an application by such female employee and upon recommendation of the approving authority in accordance with sub-regulation (4);

(b) A female employee may avail special hardship leave as extension of maternity leave irrespective of completion of service of five years in the Board;

(c) Approval of the special hardship leave shall be the sole discretion of the Board, depending upon the grounds including the administrative exigencies of the Board, reason for which the leave is sought for and merits of individual cases;

(d) A female employee shall not proceed on special hardship leave without the approval of approving authority in accordance with sub-regulation (4);

(e) Special hardship leave shall not be available to female employees,—

(i) serving abroad under special arrangements or bonds;

(ii) who have executed service bonds and have not completed it;

(iii)against whom disciplinary proceedings are proposed or pending or who are under suspension, including female employees against whom action has been initiated by Government agencies or other law enforcement authorities;

(iv)appointed on contract basis;

(v) falling under any other category as may be intimated to the employees from time to time.

Purpose of special hardship leave.

(2) A female employee, eligible under sub-regulation (1), may apply for special hardship leave for the purposes of taking care of the family or children or health grounds of self or dependent family members.

Period of special hardship leave.

(3) Special hardship leave may be availed for a period not exceeding two years during the entire service, and may be availed for a minimum period of three months once in a year.

Approving authority for special hardship leave.

(4) Approving authority for special hardship leave for female employees in grade 'D' and above, shall be the Whole Time Member in charge of the concerned department where such female employee is serving, and in other cases, the approving authority approval of such leave from the competent authority :

Provided that in case of any genuine exigency, if it is not possible for any employee to obtain such permission in advance, she shall intimate her absence to such authority within 24 hours:

Provided further that such authority may condone the delay, if any, in this behalf if he is satisfied that an employee was not in position to intimate her absence for reasons beyond her control.

Explanation.—For the purpose of this regulation, the term 'child' shall mean both natural and adopted."

shall be the Executive Director in charge of the concerned department where such female employee is serving.

Other conditions.

(5) Other conditions relating to special hardship leave shall be as follows,—

(a) Such leave shall be without pay, perquisites and allowances except house allowance 26 [and claims for medical treatment availed in India:

Explanation:- For the purpose of this clause, claim for the medical treatment, shall include, medical insurance, claim from Medical Assistance Fund, nonpolicy medical claims, eye refraction and annual health check-up];

(b) An employee on special hardship leave shall be allowed to retain the accommodation provided by the Board or receive the house allowance, as the case may be;

(c) Application for special hardship leave shall be submitted by the employee in grade 'D' and above, at least two months before the date from which leave is to be availed, and in all other case at least one month before the date from which leave is to be availed:

Provided that the approving authority shall have discretion to relax the period specified in this clause in appropriate cases;

(d) For computing the eligibility to avail special hardship leave, completed years of services shall be reckoned;

(e) Special hardship leave once approved, shall be irrevocable;

(f) Before expiry of the approved special hardship leave, a female employee shall not resume for duty without permission from the approving authority;

(g) Special hardship leave may be availed irrespective of balance of leaves of any other category, and may be combined with any categories of leave except casual leave, special casual leave, Special casual leave in lieu of joining time, and special leave ;

(h) Special hardship leave shall not be granted for avoiding transfer or posting or placement, etc.;

(i) A female employee, who leaves the services of the Board by resignation or voluntary retirement during the special hardship leave shall be liable to pay compensation to the Board, which shall be a sum equal to her substantive pay for the period of notice as required of her in terms of these regulations;

27 [(ia) A female employee, who leaves the services of the Board by way of resignation or voluntary retirement during the special hardship leave or within five years after resuming office after availing such leave, shall be liable to pay to the Board, an amount equal to the entire house allowance and medical claims paid during such leave:

Provided that after approval of the competent authority, based on requisite documentary evidence, examination and certification by the Medical Officer of the Board, the payment of said amount from the female employee, who has availed special hardship leave on health grounds of self and that being the reason for which she is unable to resume office may be waived;]

(j) Board may cancel the special hardship leave and recall the female employee and proceed in the matter as deemed fit, in case it is found that such 26 inserted by the Securities and Exchange Board of India (Employees' Service) (Amendment) Regulations, 2019 w.e.f. May 08, 2019 27 inserted by the Securities and Exchange Board of India (Employees' Service) (Amendment) Regulations, 2019 w.e.f. May 08, 2019 employee is undertaking or engaged in, directly or indirectly, any trade or employment or business or profession;

(k) Special hardship leave shall be counted as service for the purpose of seniority;

(l) For the period of special hardship leave availed, no other leave shall be credited to such employee;

(m)Female employee shall make herself available during the period of special hardship leave as witness in any investigation, court case, departmental enquiry or any other such proceeding and shall be paid travelling and halting allowance, as the case may be;

(n) Board may cancel the special hardship leave at any time and recall the female employees in case of exigencies;

(o) Board shall not approve, during the special hardship leave period, any fresh loan or advance of whatever nature;

(p) A female employee on special hardship leave shall submit the return of immovable or movable or valuable property as required;

(q) A female employee availing special hardship leave shall intimate to the Board, her local address for correspondences and also inform any changes in address for communication, from time to time. ] Ordinary leave

Where this provision sits

ActSecurities and Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018 (last amended on September 23, 2019)
Section36A
JurisdictionCentral
StatusIn force as published by the source

Find the provision, not just read it

The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:

  • Search 49,000+ Central and State enactments by what a provision says, not by its number
  • Jump from any section to every judgment that has applied it
  • Search 300 million+ Indian court records alongside the statute
  • Ask a research agent to find and read the case law on a provision for you

Free account. No card. About a minute to create.

Create a free account

Need this as data, not as a page? Securities and Exchange Board of India (Issue Of Capital And Disclosure Requirements) Reg… is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.