Can We Extend a VP's Employment Beyond Retirement Age? Seeking Advice on Rules and Formalities

Dear Seniors, Request your suggestions and guidance.

We have a senior person designated as V.P. He will be attaining the retirement age in another 3 months' time. As per the policy, the retirement age is 60 years, but if the management wants to extend his employment as a regular employee for some more years, is it possible? What are the formalities, and is there a maximum age limit that one can continue in regular employment?

Is there any law or rule governing the same? Please advise.

Thanks,
Smile

No Governing Rule for Employment Extension

Organizations are at liberty to extend the service if the employee is willing to serve and is medically fit.

Pon, do we need to provide a fresh letter of appointment or any sort of documentation in such cases? Please clarify.