Schedule I

Regulation Schedule IofInsolvency and Bankruptcy Board of India (Employees’ Service) Regulations, 2017

(See regulation 4) In case of recruitment by

Nam Num Classifi Scale of Whet Age- | Educati Whethe Period Metho | If a Circums

promotion or deputation,

grades from which

post. posts. | selecti for | and and probati recruit | ntal | under

promotion or deputation

on | direct other | educati on, if ment, | Promotion which

to be made:-

post recrui qualific onal	any.	whethe	/ Selection Union
or	ts.	ations	qualific	r by	Committe Public
non- selecti	require ationsd for prescri	directrecruit	e exists, Servicewhat is its Commis
onpost.	directrecruits direct	bed foror by	mentn.	compositio sion is tobe
.	recruits	promot	consulte
willapply inthe caseofpromot	ion orbydeputation/ and ees.	d inmakingrecruitment. percent age of the vacanci es to be filled by various method s. Promotion Deputation from 3 Substituted by Notification No. IBBI/2022-23/GN/REG090, dated 6th July, 2022 (w.e.f. 06-07-2022).

Govern RBI, ment Bank s, Finan cial Instit ution, regul atory bodie s, statut ory bodie s, and Acad emies (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11a) (11b) (11c) (12) (13)

1.	(i) by	Offic	Departme
04 Exec (2022 applica	Not 500 – tion.	Rs.120 Selec Notapplic applica	Notapplica	Notapplica	Not Between	(a) Age: (a) Age:	Notapplicab
utive ).	ble.	3500	able.	ble.	ble.	ble.	forty to Betw	le.
per Direcent.	g (2) – three	/ Selectionfifty-five een Committe
ctor.	127500	years.	forty
failingwhich	yearsof	e (forconsiderin

fifty- (b)

byon

servic Grade

g /selection)

from All (includi F.

consisting (b) India ng

of:- Offic Service short- ers or term

(i)

contract

Central

with Chairperso

);

Civil

not

Services

less

Insolvency

(ii) bydeputa

whohave

thantwent

and Bankruptc

tion: 25

complete y

y Board of

percent.

dminimu

yearsof

India- Chairman;

eighteen

ence

(ii) Whole

years of in the Time service

office Member, and r

Insolvency cadre

and (i) of

Bankruptc holding which y Board of regular mini

India – post in mum

Member; level 14 fiftee (Rs. n

(iii) Joint 144200- years

Secretary 218200) experi or in the ence

equivalent Pay in the, Ministry Matrix; field

of or of

Corporate law,

Affairs – (ii)

financ Member; with six e, years of econo (iv) An

service

mics,

external

in the accou expert,

graderendered y or by the aftermenttheretoregular

ntancadmin Chairperso appointon. and onble

nominatedistrati n, Insolvency Desira Bankruptcy Board of

basis in educat India-

level	ional	Member.
ge of	Post insolven	Gradu cy or	ate in bankrup	law or tcy	financ issues.	e or econo mics or accou ntanc y from a recog nised Unive rsity or Institu tion with knowl edge of insolv ency or bankr uptcy issues.
Rs.10	(i) by	Offic	Offic	Departme
2.	04* Not	Selec Not	Not	Not	Not	Group A	Not
1900-	promot er	ers	ntal
Chie	applica	tion.	applic applica	applica	applica	Officers	applicab
f	ble. 3000(	able. ble. ble. ble. ion: 75 havin	from All with Promotion le.

(2022

Gene | 4)- | per | g | India | not | / Selection

)

ral Man

11390 0(5).

cent. failing

threeyears

Serviceor

lessthan

Committee (for

*Subj

ager | which | of | Central | sevente considerin

ect to

(Gra | by | servic Civil | en | g

variat

de | deputati e in | Services, years | promotion

ion

F).	on	Grade -	of	/selection)
depe (includi E.	experie consisting (i) with nd on ng	nce in of:- three workl short-	officer years of oad.
term	cadre	(i)

regular

contract (ii) by

ofum

Chairpersoand

123100-

deputa | ten | Bankruptc

215900)

tion: 25

years

y Board of

in the per

experie India – Pay cent.

nce in Chairman; Matrix; the or field of (ii) Whole law,

Time (ii) with finance Member, five ,

Insolvency years of econo and regular mics,

Bankruptc service accoun y Board of in the tancy

India – grade or

Member; rendered admini after stration (iii) Joint appoint

ment |.

Secretary, thereto

Ministry on

Desira of

regular

ble

Corporate

basis in educat Affairs – level 12 ional

Member; (Rs.

qualifi 78800-

cation: (iv) An 209200)

external Maste in the

expert, r of Pay

nominated Busin Matrix.

by the ess Chairperso Admi Desirabl

n, nistrat e:

Insolvency ion Experien

and with ce in the

Bankruptc specia field of

y Board of lisatio law,

India - n in finance,

Member. law or economi financ cs, e or accounta econo ncy or mics administ or ration accou with ntanc knowled y or ge of Post insolven Gradu cy or ate in bankrupt law or

financ issues.

e or econo mics and accou ntanc y from a recog nised Unive rsity or Institu tion with knowl edge of insolv ency or bankr uptcy issues.

Rs.72

(i) by

Offic

Departme

Not

Selec Not

Not

Group A

Not

800-

promot er

ers

ntal

Gene

applica

tion.

applic applica

applica

Officers

applicab

08*

2250(	ion: 75 havin	with Promotion
ral	ble.	able.	ble.	ble.	ble.	from All	le.
(2022 )	1)- 75050	percent.	gthree	notless	/ Selection Committe
(Gra	-	failing	years	or	than	e (for
de	2400(	which	of	Central	fourtee considerin

*Subj

E). | 2)- | by | servic Civil | n years g

ect to

79850 | deputati e in | Services, of | promotion

variat

- | on | Grade - | experie /selection)

ion

2500( | (includi D. | nce in consisting

depe

3)-	ng	officer of:-
87350	short-	cadre
-	term	of	(i)
3000(	contract	which Chairperso

post

5)- | ); | minim n,

in level

1 0235 | um | Insolvency

13 (Rs.

0(12). | (ii) by | seven | and

123100-

deputa

years

Bankruptc

215900) tion: 25 cent.

experie y Board of in the perthe

nce in India – Pay Chairman;

Matrix; field of law,

(ii) Whole or finance Time ,

Member, (ii) with econo Insolvency three mics,

and years of accoun Bankruptc regular tancy

y Board of service or

India – in the admini Member; grade stration rendered .

(iii) Joint after Secretary, appoint Desira Ministry ment ble

of thereto

regular

ional

Affairs –

basis in

qualifi Member; level 12

cation: (Rs.

(iv) An Maste 78800-

external r of 209200)

expert, Busin in the

nominated ess Pay

by the Admi Matrix.

Chairperso nistrat n, ion Desirabl

Insolvency with e:

and specia Experien

Bankruptc lisatio ce in the

y Board of n in field of

India - law or law,

Member. financ finance, e or economi econo cs, mics accounta or ncy or accou administ ntanc ration y or with Post knowled Gradu ge of ate in insolven law or cy or financ bankrupt e or cy econo issues. mics

and accou ntanc y from a recog nized Unive rsity or Institu tion with knowl edge of insolv ency or bankr uptcy issues.

4.	Rs.	(i) by Offic	Offic	Departme
04*	Not	Selec Not	Not	Not	Not	Group A	Not
Dep	68500	promot er	ers	ntal
(2022 applica	tion.	applic applica	applica	applica	Officers	applicab
uty	-	ion: 75 havin	with Promotion
)	ble.	able.	ble.	ble.	ble.	from All	le.
Gene	2150	per	g	not	/ Selection

India

Service *Subj

or ect to

ager | - | which | of | eleven considerin

Central variat

2250(	by	servic	years	g
6)-	deputati e in	of	promotion
D). depe	86300	on	Grade -	experie /selection)
nd on	(9).	(includi C.	nce in consisting
workl	ng	(i) with officer of:-
oad. term	short- service	regularof	cadre (i) Two
contract	in level which Whole );	12 (Rs. minim Time
78800-	um	Members,
(ii) by	209200)	five	Insolvency
deputation: 25 percent. orregularservicegrade	in the years Pay Matrix; thefield of Members; law, (ii) with finance (ii) Two three \|, mics, accoun nominated in the tancyor	andexperie Bankruptcnce in y Board of India – external years of econo Members/ expertsby the Chairperso
rendered admini n, after	stration Insolvency appoint \|.	and ment	Bankruptc thereto	Desira y Board of
onregular	bleeducat Members. basis in ional level 11 qualifi (Rs.	India – cation:
67700-	Maste 208700)	r of in the Busin Pay	ess Matrix.	Admi nistrat Desirabl ion e:	with Experien specia ce in the lisatio field of n in law,	law or finance,	financ economi	e or cs,	econo accounta mics ncy or or administr accou ation	ntanc with y or knowled	Post ge of Gradu insolvenc ate in y or law or bankrupt financ cy issues. e or econo mics and accou ntanc y

from a recog nised Unive rsity or Institu tion with knowl edge of insolv ency or bankr uptcy issues.

Rs.49	(i) by Offic	Offic	Departme
5.	Not	Selec Not	Not	Not	Not	Group A	Not
08*	000-	promot er	ers	ntal
Assi	applica	tion.	applic applica	applica	applica	Officers	applicab
1750(	ion: 75 havin	with Promotion
stant (2022 ble.	able.	ble.	ble.	ble.	from All	le.
3)-	per	g	not	/ Selection
54250 -	cent. failing	threeyears	lessthan	Committee (for
1900(	which	of	eight	considerin
2)-	by	servic	years	g
58050 -2000	deputati e inon	of Grade	promotionexperie /selection)
(4)-	(includi B.	nce in consisting

nd on

66050 | ng | officer of:-

(i) with workl

-EB- | short- | cadre

regular

oad. 2000(	term	service	of	(i) Two
2)-	contract	in level which Whole
70050	);	11 (Rs. minim Time
-	67700-	um	Members,
2150(	(ii) by	208700)	five	Insolvency
1)-	deputa	in the years	and
72200	tion: 25	Pay	experie Bankruptc
(13).	per	Matrix	nce in y Board of
cent.	the	India –
or	field of Members; law, (ii) with finance (ii) Two seven \|,	external years of	econo Members/
regular	mics,	experts
service in accoun nominated the grade tancy	by the rendered or	Chairperso after	admini n, appointm stration Insolvency ent \|.	and thereto on	Bankruptc regular	Desira y Board of
basis in	ble	India -
level 10	educat Members. (Rs.	ional 56100-	qualifi 177500)	cation: in the Pay Maste Matrix. r of Busin Desirabl ess
e:	admin Experien istrati ce in the on field of with law,	specia finance,	lisatio economi	n in cs,	law or accounta financ ncy or e or administr econo ation	mics with or knowled	accou ge of ntanc insolvenc y or y or Post bankrupt Gradu cy issues. ate in law or financ e or econo mics and accou ntanc y from a recog nized Unive

rsity or Institu tion with knowl edge of insolv ency or bankr uptcy issues.

6.	Rs.351	(i) by Offic	Offic	Departme
13*	Not	Selec Not	Not	Not	Not	Officer	Not
50-	promo er	ers	ntal
Man	applica	tion.	applic applica	applica	applica	of the	applicab

(2022

1750(9	tion:	havin	with Promotion
ager	ble.	able.	ble.	ble.	ble.	Central	le.

)

)-	75 per g	not	/ Selection
50900-	cent.	three	less	Committe
*Subject to	EB- 1750(2	failingwhich	yearsof	thanfour	e (forconsiderin

Govern

variat | )- | by | servic | years | g

ment or

ion | 54400- | deputat e in | of | promotion

Union

Territori

nd on | )- | (includ A. | ience | consisting

es,

workl | 62400( | ing | in | of:-

Public

oad. | 16). | short- | offic

Sector

term | er | (i) Two

Undertak

contrac | cadre | Whole

ing,-

t);	of	Time
(ii) by	three	r	Insolvency
deputa	years of Man	and
tion:	service	agem	Bankruptc
25 per	in the ent	y Board of
cent. rendered e	grade Members; after	Gradof appoint	India – whic
menttheretoonregularbasis in years (Rs.	hminimumthreenominated level 10 experience	(ii) Twoexternal Members/ expertsby the Chairperso
56100-	in the	n,
177500) Pay Matrix;	fieldlaw, finan	Insolvency Bankruptcy Board of
ce,	India – or econ	Members; omic (ii) with s, five	acco years of untan service	cy or in the admi grade	nistra rendered tion. after appoint
ment	Desira thereto	ble on	educat regular	ional basis in qualifi level 8 cation: (Rs. Maste 47600- r of 151100) Busin in the ess Pay Admi Matrix. nistrat ion Desirabl with e: specia Experien lisatio ce in the n in field of law or law, financ finance, e or economi econo cs, mics accounta or ncy or accou administr ntanc ation y or with Post knowled Gradu ge of ate in insolvenc law or y or financ bankrupt e or

cy issues. econo mics and accou ntanc y from a recog nised Unive rsity or Institu tion with knowl edge of insolv ency or bankr uptcy issues.

7.	Rs.281	Age	Essentia	(i) by Not	Offic	Direct
Not	Selec	Not	Two	Officer	Not
27* Assi	50- applica	betwe l: tion.	directapplica	applicyears	ersof the	Recruitmapplicab
1550(4 stant (2022 ble.	en 18 ble.	Charterefrom	recruit able. Central	with ent: le.
)-	to 30	d	ment:	not	Written
Man )	the	Govern
34350-	years. Account	75 per	less	examinati
ager	date of	ment or
1750(7	ant or	cent.	than	on
(Gra	appoin	State

*Subj

)-	Compan	two	followed
de	tment.	Govern

ect to

46600-	y	years	by an
variat	EB-	Secretar	(ii) by	Union	of	interview
iondepend on	1750 (4)- 53600-	y or Cost ion: 25 Manage	deputates, per cent.	Territorience Public	experi or groupdiscussionin \|. The
workload.	2000(1 )-	ment Account	Sector Undertak r	office interviewor group
55600	ant or	ing,-	cadre	discussion
(17).	Bachelo	or	by a
or	Mana	comprisin

regular

Master | geme | g of two

service in

Officers of

level 10 Business

Grade the Board (Rs. Adminis |.

not below 47600- tration

the rank of 151100) with Executive in the Pay Finance

Director Matrix; Desira or

and two ble or Masters

external educat in

Members (ii) with ional Econom

or experts, two years qualifi ics or

nominated of regular cation: Masters

by the service in in

Chairperso the grade Maste Commer

n. rendered r of ce after

Busin appointm ess Deputatio ent

Admi n: Informat thereto

nistrat Committe ion

ion

ne: B.

(Rs.

n in

the Board

Tech in Computer Scienceor

47600- 151100) in the Pay e or Matrix; mics

law or not belowfinanc the rank of Executiveecono Director, and two

Comput Enginee

orntanc

externalnominated

years of

ring or

y or

by the

regular Master

Post Chairperso service in of

Gradu n. the grade Comput

ate in rendered er

law or after Applicat

financ appointm ions.

e or ent econo thereto Prefere

mics on nce:

and regular (a) Pass

accou basis in in

ntanc level 7 National

y (Rs. or

from a 44900- Limited

recog 142400) Insolven

nised in the Pay cy

Unive Matrix. Examina

rsity tion;

or (b)

Desirabl Institu

Higher Qualification than Qualification; (c) Twoor more

e: experience in the knowl Essentiallaw, finance, economics,

tionwithfield of edgeofinsolvencyor

of the

accounta bankr essential

ncy or uptcy qualifica

administr issues. tions;

ation. These must be from a recognis ed Universit y or Institutio n.

Rs.206

Not

Promoti Not

Departme

02*

Not

Selec

Not

Officer

Not

Persapplica

50- tion.

applic applicabapplica

onapplica

lessof the applic

ntalapplicab

(2022

onal	1150(3)	able.	le.	failing	than	Promotion
ble.	ble.	ble.	Central	able.	le.

)

/ | -24100- | which | seven | /Selection

Govern

Gene | 1225(1) | by | years | Committe

ment or

ral | *Subj | -25325- | deputati of | e (for

State

Assi ect to | 1325(3) | on. | servic | considerin

Govern

stant variat | -29300- | e in | g

ment or

(Gra ion | 1475(6) | Grade | promotion

Union

de | depe | -38150- | II. | /selection)

Territori

III). | nd on | 1525(2) | consisting

es, or

workl | -41200- | of:-

Public

-46420-	Undertak	(i) two
1875(1)	ing or	Officers
(20 years).	autonomous and Board – statutory	from Members; bodies,- (ii) two (a) external (i) members holding nominated analogou by s post on Chairperso regular n, basis in Insolvency the and parent Bankruptc cadre or y Board of departme India – nt; or Members. (ii) with a minimu m of six years of regular service, in the grade rendered after appoint ment

thereto on regular basis in level 6 (Rs. 35400- 112400) in the Pay Matrix or equivale nt and (b) Possessi ng the followin g educatio nal qualifica tion, namely:- Essentia l: Graduate degree from a

recognis ed Universit y or Institute or equivale nt. Desirabl e: (i) working experien ce in dealing with regulator y authority or statutory bodies or other Govern ment Institutio ns; (ii) working knowled

ge of compute r; (iii) skill in stenogra phy and typing.

9.	Rs.131	Not	Not	Promoti	Departme
Not	Selec	Not	Not	Not	Officer	Not	Not
Pers	50-	applic applicab	on	ntal
02*	applica	tion.	applica	applica	less	of	applic	applicab
onal	750(3)-	able.	le.	failing	Promotion
ble.	ble	ble.	than	Central	able.	le.

(2022

/ General Assi

15400- 900(4)- 19000- 1200(6)

whichbydeputation.

/Selection Committee (forconsiderin

servic Govern ect to

stant | -26200- | g

e in ment or variat

(Gra | 1300(2) | promotion

Grade Union ion

de II).	-28800- 1480(3)	/selection) consisting
es, or nd on -33240-	of:- Public workl 1750(1) Sector oad. -34990	(i) two Undertak (20	Officers ing or years).	from autonom Board – ous and Members; statutory bodies,- (ii) two (a) external (i) members holding nominated
analogou	by s post on	Chairperso regular	n, basis in	Insolvency the	and parent	Bankruptc cadre or	y Board of departme	India – nt; or	Members. (ii) with a minimu m of four years of regular service, in the grade rendered after appoint ment thereto on regular basis in level 5 (Rs. 29200- 92300) in the Pay

Matrix or equivale nt and (b) Possessi ng the followin g educatio nal qualifica tion, namely:- Essentia l: Graduate degree from a recognis ed Universit y or equivale nt. Desirabl e: (i)

working experien ce in dealing with regulator y authority or statutory bodies or other Govern ment Institutio ns; (ii) working knowled ge of compute r; (iii) skill in stenogra phy and typing.

10. Not	Rs.109 Selec	Age Not	Graduat Two	Direct Not	Not Not	Direct Not
Pers 06*	40-	betwe e from	recruitm	applicabl	recruitme
applicaonal	tion. 380(4)-	applicaen 18	yearsrecognis	applicent.	applice.	applicabnt:
(2022 ble.	ble.	from	able.	able.	le.
/	)	12460-	to 27	ed	the	Written
General	440(3)- 13780-	years. University or	date ofappoin	examination

*Subj

Assi | 520(3)- | Institute | tment. | followed

ect to

stant | 15340- | or | by an

variat

(Gra | 690(2)- | equivale | interview

ion

de I).	16720-	nt.	or group
depe 860(4)-	discussion nd on 20160- \|. The workl 1180(3)	interview oad. -23700	or group (20	discussion years).	by a committee comprisin g of two Officers of the Board not below the rank of Executive Director and two external experts, nominated by the Chairperso n. NOTE -

1. Promotion Note: Where juniors who have completed their qualifying or eligibility service are being considered for promotion, their seniors would also be considered provided they are not short of the requisite qualifying or eligibility service by more than half of such qualifying or eligibility service or two years, whichever is less, and have successfully completed their probation period for promotion to the next higher grade along with their juniors who have already completed such qualifying or eligibility service. 2. Deputation Note: (a) The departmental officers in the feeder category who are in the direct line of promotion will not be eligible for consideration for appointment on deputation. Similarly, deputationists shall not be eligible for consideration for appointment by promotion. (b) The period of deputation including period of deputation in another ex-cadre post held immediately preceding this appointment in the same or some other organisation or department of the Central Government, shall ordinarily not exceed three years. It may be extendable for another two years and the maximum period of deputation shall be as per Department of Personnel and Training Guidelines. 3. For filling up Direct Recruit posts, written examination to be conducted by engaging a recognised or reputed and experienced professional agency after following due procedure. 4. In the event of non-availability of adequate number of internal candidates for promotion, the minimum eligible service for promotion to the next higher grade or post may be relaxed by the Board up to a period not exceeding six months. 5. The crucial date for determining the upper age-limit specified in the Schedule shall be the date indicated in the advertisement. 6. Reservation, relaxation of age-limit and other concessions required to be provided for candidates belonging to the Scheduled Caste, the Scheduled Tribes, the other backward classes, Ex-service men and other special categories of persons shall be as applicable in terms of orders or guidelines issued by the Central Government from time to time. 7. In every selection or promotion committee constituted for the purpose of the recruitment or promotion, an officer of appropriate rank belonging to the Scheduled Caste or Scheduled Tribe may be inducted as a member in case no member of such committee belongs to the Scheduled Caste or the Schedule Tribe. 8. A candidate, except in the case of appointments by deputation or by promotion, will be required to undergo medical tests to satisfy the Board of his medical fitness by a Government Medical Officer or Medical Officer of a Government undertaking authorised by board. 9. The antecedents of a candidate, except in the case of appointments by deputation or by promotion, will be verified by the Board and the said verification shall be completed during the period of probation.]

(See regulation 4) In case of recruitment by

Nam Num Classifi Scale of Whet Age- | Educati Whethe Period Metho | If a Circums

promotion or deputation,

grades from which

post. posts. | selecti for | and and probati recruit | ntal | under

promotion or deputation

on | direct other | educati on, if ment, | Promotion which

to be made:-

post recrui qualific onal	any.	whethe	/ Selection Union
or	ts.	ations	qualific	r by	Committe Public
non- selecti	require ationsd for prescri	directrecruit	e exists, Servicewhat is its Commis
onpost.	directrecruits direct	bed foror by	mentn.	compositio sion is tobe
.	recruits	promot	consulte
willapply inthe caseofpromot	ion orbydeputation/ and ees.	d inmakingrecruitment. percent age of the vacanci es to be filled by various method s. Promotion Deputation from 3 Substituted by Notification No. IBBI/2022-23/GN/REG090, dated 6th July, 2022 (w.e.f. 06-07-2022).

Govern RBI, ment Bank s, Finan cial Instit ution, regul atory bodie s, statut ory bodie s, and Acad emies (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11a) (11b) (11c) (12) (13)

1.	(i) by	Offic	Departme
04 Exec (2022 applica	Not 500 – tion.	Rs.120 Selec Notapplic applica	Notapplica	Notapplica	Not Between	(a) Age: (a) Age:	Notapplicab
utive ).	ble.	3500	able.	ble.	ble.	ble.	forty to Betw	le.
per Direcent.	g (2) – three	/ Selectionfifty-five een Committe
ctor.	127500	years.	forty
failingwhich	yearsof	e (forconsiderin

fifty- (b)

byon

servic Grade

g /selection)

from All (includi F.

consisting (b) India ng

of:- Offic Service short- ers or term

(i)

contract

Central

with Chairperso

);

Civil

not

Services

less

Insolvency

(ii) bydeputa

whohave

thantwent

and Bankruptc

tion: 25

complete y

y Board of

percent.

dminimu

yearsof

India- Chairman;

eighteen

ence

(ii) Whole

years of in the Time service

office Member, and r

Insolvency cadre

and (i) of

Bankruptc holding which y Board of regular mini

India – post in mum

Member; level 14 fiftee (Rs. n

(iii) Joint 144200- years

Secretary 218200) experi or in the ence

equivalent Pay in the, Ministry Matrix; field

of or of

Corporate law,

Affairs – (ii)

financ Member; with six e, years of econo (iv) An

service

mics,

external

in the accou expert,

graderendered y or by the aftermenttheretoregular

ntancadmin Chairperso appointon. and onble

nominatedistrati n, Insolvency Desira Bankruptcy Board of

basis in educat India-

level	ional	Member.
ge of	Post insolven	Gradu cy or	ate in bankrup	law or tcy	financ issues.	e or econo mics or accou ntanc y from a recog nised Unive rsity or Institu tion with knowl edge of insolv ency or bankr uptcy issues.
Rs.10	(i) by	Offic	Offic	Departme
2.	04* Not	Selec Not	Not	Not	Not	Group A	Not
1900-	promot er	ers	ntal
Chie	applica	tion.	applic applica	applica	applica	Officers	applicab
f	ble. 3000(	able. ble. ble. ble. ion: 75 havin	from All with Promotion le.

(2022

Gene | 4)- | per | g | India | not | / Selection

)

ral Man

11390 0(5).

cent. failing

threeyears

Serviceor

lessthan

Committee (for

*Subj

ager | which | of | Central | sevente considerin

ect to

(Gra | by | servic Civil | en | g

variat

de | deputati e in | Services, years | promotion

ion

F).	on	Grade -	of	/selection)
depe (includi E.	experie consisting (i) with nd on ng	nce in of:- three workl short-	officer years of oad.
term	cadre	(i)

regular

contract (ii) by

ofum

Chairpersoand

123100-

deputa | ten | Bankruptc

215900)

tion: 25

years

y Board of

in the per

experie India – Pay cent.

nce in Chairman; Matrix; the or field of (ii) Whole law,

Time (ii) with finance Member, five ,

Insolvency years of econo and regular mics,

Bankruptc service accoun y Board of in the tancy

India – grade or

Member; rendered admini after stration (iii) Joint appoint

ment |.

Secretary, thereto

Ministry on

Desira of

regular

ble

Corporate

basis in educat Affairs – level 12 ional

Member; (Rs.

qualifi 78800-

cation: (iv) An 209200)

external Maste in the

expert, r of Pay

nominated Busin Matrix.

by the ess Chairperso Admi Desirabl

n, nistrat e:

Insolvency ion Experien

and with ce in the

Bankruptc specia field of

y Board of lisatio law,

India - n in finance,

Member. law or economi financ cs, e or accounta econo ncy or mics administ or ration accou with ntanc knowled y or ge of Post insolven Gradu cy or ate in bankrupt law or

financ issues.

e or econo mics and accou ntanc y from a recog nised Unive rsity or Institu tion with knowl edge of insolv ency or bankr uptcy issues.

Rs.72

(i) by

Offic

Departme

Not

Selec Not

Not

Group A

Not

800-

promot er

ers

ntal

Gene

applica

tion.

applic applica

applica

Officers

applicab

08*

2250(	ion: 75 havin	with Promotion
ral	ble.	able.	ble.	ble.	ble.	from All	le.
(2022 )	1)- 75050	percent.	gthree	notless	/ Selection Committe
(Gra	-	failing	years	or	than	e (for
de	2400(	which	of	Central	fourtee considerin

*Subj

E). | 2)- | by | servic Civil | n years g

ect to

79850 | deputati e in | Services, of | promotion

variat

- | on | Grade - | experie /selection)

ion

2500( | (includi D. | nce in consisting

depe

3)-	ng	officer of:-
87350	short-	cadre
-	term	of	(i)
3000(	contract	which Chairperso

post

5)- | ); | minim n,

in level

1 0235 | um | Insolvency

13 (Rs.

0(12). | (ii) by | seven | and

123100-

deputa

years

Bankruptc

215900) tion: 25 cent.

experie y Board of in the perthe

nce in India – Pay Chairman;

Matrix; field of law,

(ii) Whole or finance Time ,

Member, (ii) with econo Insolvency three mics,

and years of accoun Bankruptc regular tancy

y Board of service or

India – in the admini Member; grade stration rendered .

(iii) Joint after Secretary, appoint Desira Ministry ment ble

of thereto

regular

ional

Affairs –

basis in

qualifi Member; level 12

cation: (Rs.

(iv) An Maste 78800-

external r of 209200)

expert, Busin in the

nominated ess Pay

by the Admi Matrix.

Chairperso nistrat n, ion Desirabl

Insolvency with e:

and specia Experien

Bankruptc lisatio ce in the

y Board of n in field of

India - law or law,

and accou ntanc y from a recog nized Unive rsity or Institu tion with knowl edge of insolv ency or bankr uptcy issues.

4.	Rs.	(i) by Offic	Offic	Departme
04*	Not	Selec Not	Not	Not	Not	Group A	Not
Dep	68500	promot er	ers	ntal
(2022 applica	tion.	applic applica	applica	applica	Officers	applicab
uty	-	ion: 75 havin	with Promotion
)	ble.	able.	ble.	ble.	ble.	from All	le.
Gene	2150	per	g	not	/ Selection

India

Service *Subj

or ect to

ager | - | which | of | eleven considerin

Central variat

2250(	by	servic	years	g
6)-	deputati e in	of	promotion
D). depe	86300	on	Grade -	experie /selection)
nd on	(9).	(includi C.	nce in consisting
workl	ng	(i) with officer of:-
oad. term	short- service	regularof	cadre (i) Two
contract	in level which Whole );	12 (Rs. minim Time
78800-	um	Members,
(ii) by	209200)	five	Insolvency
deputation: 25 percent. orregularservicegrade	in the years Pay Matrix; thefield of Members; law, (ii) with finance (ii) Two three \|, mics, accoun nominated in the tancyor	andexperie Bankruptcnce in y Board of India – external years of econo Members/ expertsby the Chairperso
rendered admini n, after	stration Insolvency appoint \|.	and ment	Bankruptc thereto	Desira y Board of
onregular	bleeducat Members. basis in ional level 11 qualifi (Rs.	India – cation:
67700-	Maste 208700)	r of in the Busin Pay	ess Matrix.	Admi nistrat Desirabl ion e:	with Experien specia ce in the lisatio field of n in law,	law or finance,	financ economi	e or cs,	econo accounta mics ncy or or administr accou ation	ntanc with y or knowled	Post ge of Gradu insolvenc ate in y or law or bankrupt financ cy issues. e or econo mics and accou ntanc y

from a recog nised Unive rsity or Institu tion with knowl edge of insolv ency or bankr uptcy issues.

Rs.49	(i) by Offic	Offic	Departme
5.	Not	Selec Not	Not	Not	Not	Group A	Not
08*	000-	promot er	ers	ntal
Assi	applica	tion.	applic applica	applica	applica	Officers	applicab
1750(	ion: 75 havin	with Promotion
stant (2022 ble.	able.	ble.	ble.	ble.	from All	le.
3)-	per	g	not	/ Selection
54250 -	cent. failing	threeyears	lessthan	Committee (for
1900(	which	of	eight	considerin
2)-	by	servic	years	g
58050 -2000	deputati e inon	of Grade	promotionexperie /selection)
(4)-	(includi B.	nce in consisting

nd on

66050 | ng | officer of:-

(i) with workl

-EB- | short- | cadre

regular

oad. 2000(	term	service	of	(i) Two
2)-	contract	in level which Whole
70050	);	11 (Rs. minim Time
-	67700-	um	Members,
2150(	(ii) by	208700)	five	Insolvency
1)-	deputa	in the years	and
72200	tion: 25	Pay	experie Bankruptc
(13).	per	Matrix	nce in y Board of
cent.	the	India –
or	field of Members; law, (ii) with finance (ii) Two seven \|,	external years of	econo Members/
regular	mics,	experts
service in accoun nominated the grade tancy	by the rendered or	Chairperso after	admini n, appointm stration Insolvency ent \|.	and thereto on	Bankruptc regular	Desira y Board of
basis in	ble	India -
level 10	educat Members. (Rs.	ional 56100-	qualifi 177500)	cation: in the Pay Maste Matrix. r of Busin Desirabl ess
e:	admin Experien istrati ce in the on field of with law,	specia finance,	lisatio economi	n in cs,	law or accounta financ ncy or e or administr econo ation	mics with or knowled	accou ge of ntanc insolvenc y or y or Post bankrupt Gradu cy issues. ate in law or financ e or econo mics and accou ntanc y from a recog nized Unive

rsity or Institu tion with knowl edge of insolv ency or bankr uptcy issues.

6.	Rs.351	(i) by Offic	Offic	Departme
13*	Not	Selec Not	Not	Not	Not	Officer	Not
50-	promo er	ers	ntal
Man	applica	tion.	applic applica	applica	applica	of the	applicab

(2022

1750(9	tion:	havin	with Promotion
ager	ble.	able.	ble.	ble.	ble.	Central	le.

)

)-	75 per g	not	/ Selection
50900-	cent.	three	less	Committe
*Subject to	EB- 1750(2	failingwhich	yearsof	thanfour	e (forconsiderin

Govern

variat | )- | by | servic | years | g

ment or

ion | 54400- | deputat e in | of | promotion

Union

Territori

nd on | )- | (includ A. | ience | consisting

es,

workl | 62400( | ing | in | of:-

Public

oad. | 16). | short- | offic

Sector

term | er | (i) Two

Undertak

contrac | cadre | Whole

ing,-

t);	of	Time
(ii) by	three	r	Insolvency
deputa	years of Man	and
tion:	service	agem	Bankruptc
25 per	in the ent	y Board of
cent. rendered e	grade Members; after	Gradof appoint	India – whic
menttheretoonregularbasis in years (Rs.	hminimumthreenominated level 10 experience	(ii) Twoexternal Members/ expertsby the Chairperso
56100-	in the	n,
177500) Pay Matrix;	fieldlaw, finan	Insolvency Bankruptcy Board of
ce,	India – or econ	Members; omic (ii) with s, five	acco years of untan service	cy or in the admi grade	nistra rendered tion. after appoint
ment	Desira thereto	ble on	educat regular	ional basis in qualifi level 8 cation: (Rs. Maste 47600- r of 151100) Busin in the ess Pay Admi Matrix. nistrat ion Desirabl with e: specia Experien lisatio ce in the n in field of law or law, financ finance, e or economi econo cs, mics accounta or ncy or accou administr ntanc ation y or with Post knowled Gradu ge of ate in insolvenc law or y or financ bankrupt e or

cy issues. econo mics and accou ntanc y from a recog nised Unive rsity or Institu tion with knowl edge of insolv ency or bankr uptcy issues.

7.	Rs.281	Age	Essentia	(i) by Not	Offic	Direct
Not	Selec	Not	Two	Officer	Not
27* Assi	50- applica	betwe l: tion.	directapplica	applicyears	ersof the	Recruitmapplicab
1550(4 stant (2022 ble.	en 18 ble.	Charterefrom	recruit able. Central	with ent: le.
)-	to 30	d	ment:	not	Written
Man )	the	Govern
34350-	years. Account	75 per	less	examinati
ager	date of	ment or
1750(7	ant or	cent.	than	on
(Gra	appoin	State

*Subj

)-	Compan	two	followed
de	tment.	Govern

ect to

46600-	y	years	by an
variat	EB-	Secretar	(ii) by	Union	of	interview
iondepend on	1750 (4)- 53600-	y or Cost ion: 25 Manage	deputates, per cent.	Territorience Public	experi or groupdiscussionin \|. The
workload.	2000(1 )-	ment Account	Sector Undertak r	office interviewor group
55600	ant or	ing,-	cadre	discussion
(17).	Bachelo	or	by a
or	Mana	comprisin

regular

Master | geme | g of two

service in

Officers of

level 10 Business

Grade the Board (Rs. Adminis |.

not below 47600- tration

the rank of 151100) with Executive in the Pay Finance

Director Matrix; Desira or

and two ble or Masters

external educat in

Members (ii) with ional Econom

or experts, two years qualifi ics or

nominated of regular cation: Masters

by the service in in

Chairperso the grade Maste Commer

n. rendered r of ce after

Busin appointm ess Deputatio ent

Admi n: Informat thereto

nistrat Committe ion

ion

ne: B.

(Rs.

n in

the Board

Tech in Computer Scienceor

47600- 151100) in the Pay e or Matrix; mics

law or not belowfinanc the rank of Executiveecono Director, and two

Comput Enginee

orntanc

externalnominated

years of

ring or

y or

by the

regular Master

Post Chairperso service in of

Gradu n. the grade Comput

ate in rendered er

law or after Applicat

financ appointm ions.

e or ent econo thereto Prefere

mics on nce:

and regular (a) Pass

accou basis in in

ntanc level 7 National

y (Rs. or

from a 44900- Limited

recog 142400) Insolven

nised in the Pay cy

Unive Matrix. Examina

rsity tion;

or (b)

Desirabl Institu

Higher Qualification than Qualification; (c) Twoor more

e: experience in the knowl Essentiallaw, finance, economics,

tionwithfield of edgeofinsolvencyor

of the

accounta bankr essential

ncy or uptcy qualifica

administr issues. tions;

ation. These must be from a recognis ed Universit y or Institutio n.

Rs.206

Not

Promoti Not

Departme

02*

Not

Selec

Not

Officer

Not

Persapplica

50- tion.

applic applicabapplica

onapplica

lessof the applic

ntalapplicab

(2022

onal	1150(3)	able.	le.	failing	than	Promotion
ble.	ble.	ble.	Central	able.	le.

)

/ | -24100- | which | seven | /Selection

Govern

Gene | 1225(1) | by | years | Committe

ment or

ral | *Subj | -25325- | deputati of | e (for

State

Assi ect to | 1325(3) | on. | servic | considerin

Govern

stant variat | -29300- | e in | g

ment or

(Gra ion | 1475(6) | Grade | promotion

Union

de | depe | -38150- | II. | /selection)

Territori

III). | nd on | 1525(2) | consisting

es, or

workl | -41200- | of:-

Public

-46420-	Undertak	(i) two
1875(1)	ing or	Officers
(20 years).	autonomous and Board – statutory	from Members; bodies,- (ii) two (a) external (i) members holding nominated analogou by s post on Chairperso regular n, basis in Insolvency the and parent Bankruptc cadre or y Board of departme India – nt; or Members. (ii) with a minimu m of six years of regular service, in the grade rendered after appoint ment

thereto on regular basis in level 6 (Rs. 35400- 112400) in the Pay Matrix or equivale nt and (b) Possessi ng the followin g educatio nal qualifica tion, namely:- Essentia l: Graduate degree from a

ge of compute r; (iii) skill in stenogra phy and typing.

9.	Rs.131	Not	Not	Promoti	Departme
Not	Selec	Not	Not	Not	Officer	Not	Not
Pers	50-	applic applicab	on	ntal
02*	applica	tion.	applica	applica	less	of	applic	applicab
onal	750(3)-	able.	le.	failing	Promotion
ble.	ble	ble.	than	Central	able.	le.

(2022

/ General Assi

15400- 900(4)- 19000- 1200(6)

whichbydeputation.

/Selection Committee (forconsiderin

servic Govern ect to

stant | -26200- | g

e in ment or variat

(Gra | 1300(2) | promotion

Grade Union ion

de II).	-28800- 1480(3)	/selection) consisting
es, or nd on -33240-	of:- Public workl 1750(1) Sector oad. -34990	(i) two Undertak (20	Officers ing or years).	from autonom Board – ous and Members; statutory bodies,- (ii) two (a) external (i) members holding nominated
analogou	by s post on	Chairperso regular	n, basis in	Insolvency the	and parent	Bankruptc cadre or	y Board of departme	India – nt; or	Members. (ii) with a minimu m of four years of regular service, in the grade rendered after appoint ment thereto on regular basis in level 5 (Rs. 29200- 92300) in the Pay

Matrix or equivale nt and (b) Possessi ng the followin g educatio nal qualifica tion, namely:- Essentia l: Graduate degree from a recognis ed Universit y or equivale nt. Desirabl e: (i)

working experien ce in dealing with regulator y authority or statutory bodies or other Govern ment Institutio ns; (ii) working knowled ge of compute r; (iii) skill in stenogra phy and typing.

10. Not	Rs.109 Selec	Age Not	Graduat Two	Direct Not	Not Not	Direct Not
Pers 06*	40-	betwe e from	recruitm	applicabl	recruitme
applicaonal	tion. 380(4)-	applicaen 18	yearsrecognis	applicent.	applice.	applicabnt:
(2022 ble.	ble.	from	able.	able.	le.
/	)	12460-	to 27	ed	the	Written
General	440(3)- 13780-	years. University or	date ofappoin	examination

*Subj

Assi | 520(3)- | Institute | tment. | followed

ect to

stant | 15340- | or | by an

variat

(Gra | 690(2)- | equivale | interview

ion

de I).	16720-	nt.	or group
depe 860(4)-	discussion nd on 20160- \|. The workl 1180(3)	interview oad. -23700	or group (20	discussion years).	by a committee comprisin g of two Officers of the Board not below the rank of Executive Director and two external experts, nominated by the Chairperso n. NOTE -

Schedule I

Source PDF - Bare Acts Part 1 — Code, Rules and Regulations (IBBI syllabus w.e.f. 1 October 2026)