Press Information Bureau
Government of India
Ministry of Heavy Industries & Public Enterprises
10-December-2013 18:31 IST
Post- Retirement Employment of Functional Director of CPSES
The Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, has issued guidelines dated 15th May, 2008 which provide that no functional Director of the company including the Chief Executive who has retired/resigned from the service of the company, after such retirement/ resignation, shall accept any appointment or post, whether advisory or administrative, in any firm or company, whether Indian or foreign, with which the company has or had business relations, within one year from the date of retirement without prior approval of the Government.