IEPF Recruitment Rules 2024

CG-DL-E-22072024-255635 EXTRAORDINARY PART II—Section 3—Sub-section (i) 4452 GI/2024 (1) MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 11th July, 2024 G.S.R. 431(E).—In exercise of the powers conferred by sub-section (7) of section 125 and sub-section (1) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules, namely:- 1. Short title and commencement. - (1) These rules may be called the Investor Education and Protection Fund Authority (Manner of Recruitment and Terms and Conditions of Service of Public Relation Officer and Assistant Manager) Rules, 2024. (2) These rules shall come into force on the date of their publication in the Official Gazette. 2. Number of posts, classification and level in the pay matrix. - The number of posts, their classification and level in the pay matrix attached thereto, shall be as specified in columns (2) to (4) of the Schedule annexed to these rules. 3. Method of recruitment, eligibility etc. - The method of recruitment, age limits, qualifications and other matters relating thereto shall be such as specified in columns (5) to (13) of the said Schedule. 4. Conditions of service. - The conditions of service of Public Relation Officer and Assistant Manager of the Investor Education and Protection Fund Authority in matters of pay, allowances, leave and other conditions of service shall be regulated in accordance with such rules and regulations as are for the time being applicable to the officers and employees of the corresponding pay level of the Central Government. 5. Accommodation. – The Public Relation Officer and the Assistant Manager of the Investor Education and Protection Fund Authority shall have the option of claiming house rent allowance in accordance with the rate prescribed by the Central Government as applicable to officers of the corresponding pay levels of the Central Government: Provided that they shall not be eligible for house rent allowance in case they are declared eligible for general pool residential accommodation and occupy such Government accommodation allotted to them. 6. Disciplinary Proceedings. - The Public Relation Officer and the Assistant Manager of the Investor Education and Protection Fund Authority shall be subject to disciplinary proceedings as per rules and regulations applicable to officers and employees of the corresponding level in pay matrix of the Central Government. 7. Disqualification. - No person; (i) who has entered into or contracted a marriage with a person having a spouse living; or (ii) who, having a spouse living, has entered into or contracted a marriage with any person, shall be eligible for appointment to the said posts: Provided that the Central Government may, if satisfied that such marriage is permissible under the personal law applicable to such person and the other party to the marriage and that there are other grounds for so doing, exempt any person from the operation of this rule. 8. Power to relax. - Where the Central Government is of the opinion that it is necessary or expedient so to do, it may, by order, and for reasons to be recorded in writing, relax any of the provisions of these rules with respect to any class or category of persons. 9. Saving.- Nothing in these rules shall affect the reservation , relaxation in age limit and other concession required to be provided for the scheduled casts, the scheduled tribes , the other backward classes , the ex serviceman and other special categories of persons in accordance with the order issued by the central government. SCHEDULE | Name of the post | Number of post | Classification | Level in the pay matrix | Whether selectionor non- selection post | Age limit for direct recruits | Education and other qualification required for direct recruits | |---|---|---|---|---|---|---| | (1) | (2) | (3) | (4) | (5) | (6) | (7) | | 1. Public Relation Officer | 1* (2024) *Subject to variation depending on work load | Group “A” | Level-10 in the pay matrix of ₹56100-177500 | Not Applicable | Not Applicable | Not Applicable | | Whether age and educational qualifications prescribed for direct recruits will apply in the case of promotees | Period of probation, if any | Method of recruitment, whether by direct recruitment or by promotion or by deputation or absorption and percentage of posts to be filled by various methods | In case of recruitment by promotion or deputation or absorption grades from which promotion /deputation/absorption is to be made | If a Depart- mental Promotion Committee exists, what is its compo- sition | Circumstances in which UPSC is to be consulted in making recruitment | |---|---|---|---|---|---| | (8) | (9) | (10) | (11) | (12) | (13) | | Not Applicable | Not Applicable | Deputation (including short-term contract) Deputation (including short-term contract) | Deputation (including short-term contract): Officers of the Central Government or State Government or Union territory Administration or public sector undertaking or statutory or autonomous body: (a) (i) holding analogous post on regular basis or equivalent in the parent cadre or department; or (ii) with four years regular service in Level-8 in the pay matrix of Rs.47600- 151100 or equivalent in the parent cadre or department rendered after appointment thereto on regular basis; and (b) possessing the following educational qualification and experience:- (i) Bachelor’s Degree or equivalent in any discipline or Post Graduate Diploma in Journalism or Mass Communication from a recognised | The Selection Committee for considering deputation (including short- term contract) consists of: Chief Executive officer, Investor Education and Protection Fund Authority –Chairman (ii) General Manager, Investor Education and Protection Fund Authority -Member (iii) Director / Deputy Secretary, Ministry of Corporate Affairs -Member | Not Applicable. | | University or Institute; and (ii) two years’ experience of journalistic publicity or public relation work in a Government Department or public sector Undertaking or autonomous bodies organization/body dealing with organising promotional events, exhibitions, visits etc. Note 1.- The period of deputation (including short term contract) including the 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 . Note 2.- The maximum age limit for appointment by deputation (including short term contract) shall be not exceeding fifty six years as on the last date of receipt of applications | |---| | (1) | (2) | (3) | (4) | (5) | (6) | (7) | |---|---|---|---|---|---|---| | 2. Assistant Manager | 4* (2024) *Subject to variation depending on work load | Group ‘B’ | Level-8 in the pay matrix of ₹47600-151100 | Not Applicable | Not Applicable | Not Applicable | | (8) | (9) | (10) | (11) | (12) | (13) | |---|---|---|---|---|---| | Not Applicable | Not Applicable | Deputation (including short-term contract) | Deputation (including short- term contract): Officers of the Central Government or State Government or Union territories or public sector undertakings or statutory or autonomous bodies: (a) (i) holding analogous post on regular basis or equivalent. | Selection Committee for considering deputation (including short- term contract) consists of: (i) General Manager, Investor Education and Protection Fund Authority–Chairman (ii) Deputy General Manager, Investor Education and | Not Applicable | | (ii) with two years regular service in Level-7 in the pay matrix of (Rs.44900- 142400) or equivalent in the parent cadre or department rendered after appointment thereto on regular basis or (iii) with six years regular service in Level-6 in the pay matrix of (Rs.35400-112400) or equivalent in the parent cadre or department; and (b) possessing the following educational qualification and experience: Essential.- (i) Bachelor’s Degree or equivalent preferably in Commerce from a recognised University or Institute and (ii) two years’ experience in administration or establishment matters. Desirable.- (i) Charted Accountant or Cost & Management Accountant or Company Secretary Note 1. The period of deputation (including short term contract) including the 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 Note 2: The maximum age limit for appointment by deputation (including short term contract) shall be not exceeding fifty six years as on the last date of receipt of applications | Protection Fund Authority -Member (iii) Under Secretary, Ministry of Corporate Affairs – Member | |---|---| [F. No. 09003/1/2024-IEPF] ANITA SHAH AKELLA, Jt. Secy. and Published by the Controller of Publications, Delhi-110054. SARVESH KUMAR KUMAR SRIVASTAVA Date: 2024.07.22 22:18:48 +05'30' SRIVASTAVA