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Section 45

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

(1) Joining time may be granted to an employee by the Chairman to enable the employee—

(a) to join a new post to which he is appointed while on duty in his old post; or

(b) to join a new post on return from leave of not more than four months' duration although the duration of leave exceeds four months, the employee has not had sufficient notice of his appointment to the new post.

(2) Joining time shall not be granted when no change in the headquarters of an employee is involved.

Pay and allowances during joining time

(3) The pay and allowances of an employee on joining time shall be determined in accordance with the Regulations.

Period for which admissible

(4) Joining time which may be allowed to an employee shall not exceed seven days, exclusive of the number of days spent on travelling.

How calculated

(5) In calculating joining time admissible to an employee, the day on which he is relieved from his old post shall be excluded but public holidays following the day of his relief shall be included in the joining time.

Special casual leave in lieu of joining time

(6) Where an employee on transfer from one centre to another does not avail of the joining time or his joining time has been curtailed due to exigencies of Board's service, he may be allowed to avail of the Special Casual Leave to the extent of unavailed joining time subject to a maximum of 7 days, at any time after the date of reporting at new centre but before the completion of a period of six months or such other extended period as may be agreed to by the Board for submitting supplementary travelling allowance bill in respect of his family and personal effects provided he has advised the office to this effect before proceeding on transfer.

Saturdays/Sundays/holidays prefixed to Special Casual Leave in lieu of joining time shall be excluded but Saturdays/Sundays/holidays intervening such Special Casual Leave shall be reckoned as Special Casual Leave.

(7) Where an employee on transfer from one station to another does not avail the entire joining time including special casual leave referred to in sub-regulation (6) or the same has been curtailed due to exigencies of Board's Service, the unavailed joining time will be added to the Ordinary Leave account of the employee.

Overstayal after joining time

46. An employee who does not join his post within the joining time allowed to him shall be deemed to have committed a breach of Regulation 60.

CHAPTER VI CONDUCT, DISCIPLINE AND APPEALS Scope of an employee's service

47. Unless it be otherwise distinctly provided, the whole time of an employee shall be at the disposal of the Board and he shall serve the Board in its business in such capacity and at such place as he may from time to time be directed.

Liability to abide by Regulations and Orders

48. Every employee shall conform to and abide by these Regulations and shall observe, comply with and obey all orders and directions which may from time to time be given to him by any person or persons under whose jurisdiction, superintendence or control he may for the time being be placed.

Obligation to maintain secrecy

Where this provision sits

ActSecurities and Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018 (last amended on September 23, 2019)
Section45
JurisdictionCentral
StatusIn force as published by the source

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