“To urgent fill up of some vacant positions, it is wise to recruit from a previously selected panel list”. Is it possible or not?

I support it, not wasting time again to wait and fill applications again Time of gold

To fill-up a vacant position is not easy and quick process.There are some rules and regulations for each organization or a company.There is a recruiting committee or board.After recommendation of that,committee or board and approval of Executive authority ,urgent recruitment could be done from a previously selected panel list for fulfill some vacant position.