The Board noted that, the guidelines given in the OM were progressive and in line with the Company‟s own philosophy to be a model employer. However, the company itself is in a very critical position at the moment with huge accumulated losses and has not even been able to pay salary arrears of 1997 pay revision yet. The company is also being considered for disinvestment by the Government. In this situation, when its very survival is at stake, the Company has adopted an aggressive growth policy with ambitious targets for exponential growth, to fully utilize the opportunities available in the market. The policy has started showing results and the Company has started to reestablish itself on a much expanded base and is looking to expand its presence across the country. As such, this is a crucial juncture for the Company which requires to have all hands on the deck and fully utilize all resources for meeting its growth plan/targets. At this juncture, when the Company is looking for expanding its presence across the country, it needs to post employees to various offices as per functional requirements of each office. In view of the present situation of the Company, the Board decided and approved that, it is not possible for the Company to adopt the guidelines given in the DOPT OM dated 6th June 2014 & circulated by DPE Vide OM No. 6(9)/2014/(SC/ST CELL dated 27th June 2014.
