WWW.SA.I-PDF.INFO
FREE ELECTRONIC LIBRARY - Abstracts, books, theses
 
<< HOME
CONTACTS



Pages:     | 1 |   ...   | 23 | 24 || 26 |

«Government of India Ministry of Finance Department of Expenditure General Financial Rules, 2005* (* Amendments issued upto March 2010 have been added as ...»

-- [ Page 25 ] --

Form of Security Bond (Fidelity Bond deposited as security) KNOW ALL MEN BY these presents that I, A.B……………………… of ……………………… and held and firmly bound unto the President of India, his successors and assigns (hereinafter referred to as “Government”) in the sum of Rs………………(Rupees…………………) to be paid to the Government for which payment, well and truly to be made, I bind myself, my heirs, executors, administrators, and legal representatives by these presents. Singed and dated this ……………………… day of ……………………20

2. WHEREAS the above bounden A.B…………………… was on the day of ………………… 20…………………… appointed to and now holds the office of ……………in the office of ……………AND WHEREAS the said A.B………… by virtue of holding such office is bound to collect ……………………… (here describe the nature of Cashier’s/ Storekeeper’s/Sub-storekeeper’s/Sub-ordinate’s duties) ………………… and to keep and render true and faithful accounts of his dealings with all property and money which may come into his hands or possession under his control such accounts to be kept in the form and manner that may, from time to time, be prescribed by duly constituted authority, and also to prepare and submit such returns, accounts and other documents as may from time to time be required of him.

3. AND WHEREAS the said A.B…………………has, in pursuance of Rule 270 of the General Financial Rules, 1963, delivered to and deposited with ……………… a Fidelity Bond issued by ……………Company for the sum of Rs………………… (Rupees ………………) as Security for the due and faithful performance by the said A.B………………… of the duties of his said office and of any other office requiring security to which he may be appointed at any time and of other duties which may be required of him while holding any office as aforesaid and for the purpose of securing and indemnifying the Government against all loss, injury, damage, costs, or expenses which the Government may, in any way, suffer, sustain or pay by reason of misconduct, neglect, oversight or any other act of omission of the said A.B……………………… or of any person or persons acting under him or for whom he may be responsible.

4. AND WHEREAS the said A.B……………………… has entered into the above Bond in the sum of ……………………… conditioned for the due performance by him the said A.B…………………… of the duties of the said office and of other duties appertaining thereto or which may lawfully be required of him and to indemnify the Government against loss from or by reason of the acts or defaults of the said A.B………………… and of all and every person and persons aforesaid.

5. NOW THE CONDITION of the above written Bond is such that of the said A.B…………………… has whilst he has held the said office of …………………… as aforesaid always duly performed and fulfilled the duties of his said office and if he shall, whilst he shall hold the said office or any other office requiring security to which he may be appointed, or in which he may act, always duly perform and fulfil all and every duties thereof respectively and other duties which may from time to time be required of him while holding any such office as aforesaid, and shall duly pay into the Government Treasury at ………………………… all such money and securities for money as are payable or deliverable to Government and shall come into his possession or control by reason of the said office and shall duly account for and deliver up all moneys, papers and other property which shall come into his possession or control by reason of the said office and if the said A.B……………… his heirs, executors, administrators or legal representatives shall pay or cause to be paid unto the Government the amount of any loss and /or defalcation in the accounts of the said …………………… within 24 hours after the amount of such loss and /or defalcation shall have been demanded from the said A.B…………… by the ………………… such demand to be in writing and left at the office or last known place of residence of the said A.B………………… and shall also at all times indemnify and save, and keep harmless the Government from all and every loss, injury, damage, actions, suits, proceedings, costs, charges and expenses which has been or shall or may at any time or times hereafter during the service or employment of the said A.B……………………… in such office as aforesaid, or any such offices aforesaid, be sustained, incurred, suffered brought, sued or commenced or paid by the Government by reason of any act, embezzlement, defalcation, mismanagement, neglect, failure, misconduct, default, disobedience, omission, or insolvency of the said A.B……………………… or of any person or persons acting under him or for whom he may be responsible, then the above written Bond shall be void and of no effect, otherwise the same shall be and remain in full force.

6. PROVIDED ALWAYS and it is hereby declared and agreed by and between the parties hereto that the said Fidelity Bond No……………… delivered and deposited as aforesaid shall be and remain at the disposal of the said officer for the time being or the Government as and for part and additional security over and above the above written Bond to the Government, for the indemnity and other purposes aforesaid with full power to the Government or an officer duly authorized in that behalf to obtain and receive payment of the sum or sums of money recoverable or to be received, upon or by virtue of the said Fidelity Bond or a sufficient portion thereof and all benefits and advantages thereof and to apply the same in and towards the indemnity as aforesaid of the Government.





7. AND it is hereby further agreed and declared by and between the parties hereto that the said A.B……………………… shall keep the said Fidelity Bond issued by the said company in full force by payment of the premia and as when they fall due and by otherwise conforming to the rules of the said company relating thereto.

8. PROVIDED ALWAYS that cancellation or lapse at any time of the said Fidelity Bond shall not be deemed to affect or prejudice the right of the Government to take proceedings upon or under this said Bond against the said ……………………… in case any breach of the condition of this Bond shall be discovered after the cancellation or lapse of the said Fidelity Bond but the responsibility of the A.B. ………………………… shall at all times continue and but the Government shall be fully indemnified against all such loss or damage as aforesaid at any time.

9. PROVIDED FURTHER that nothing herein contained nor in the Fidelity Bond so deposited shall be deemed to limit the liability of the said A.B…………… in respect of matters aforesaid to the forfeiture of the said sum of Rupees …………………… or part or parts thereof and that if the said sum be found insufficient to indemnify the Government in full for any loss or damage sustained by them in respect of matters aforesaid or any of them the said A.B………………… shall pay to Government on demand such further sum as shall be deemed by ………………………… to be necessary in addition to the said Fidelity Bond of Rs………………………… to cover such loss or damage as aforesaid and that the Government shall be entitled to recover such further sum payable as aforesaid in any manner open to them.

10. The stamp duty, if any, on this Bond shall be borne by the Government.

Signature

1. Signed and delivered by the above named A.B…………….. in the presence of …………………..

2. Signed for and on behalf of the President of India by ……………… the ……………… being the person directed or authorized by him in that behalf in the presence of ……………………

FORM GFR 32 [ See Rule 223 (2) (ii) ]

Form of written undertaking to be executed by an Undertaking / Corporation wholly owned by the Central Government at the time of sanctioning of a loan Memorandum of written undertaking given on the ……………… day of …………………… two thousand and ……………………… by a company incorporated under the Indian Companies Act, 1913 /the Companies Act, 1956, having its registered office …………………… a body corporate incorporated under the same name and style and by under ……………… (Act No…………… of ……………) having its office at ……………………a society registered under the Societies Registration Act (21 of 1860) having its office at……………… (hereinafter called ‘the Company / Corporation’ which expression shall include its successors and assigns) to the President of India (hereinafter called ‘the President’ which expression shall include his successors and assigns).

WHEREAS the said Company / Corporation, etc., applied to the President for a loan of Rs…………………… (Rupees………………………) only.

AND WHEREAS the President has agreed to lend an amount of Rs……… (Rupees………………………… only) to the said Company / Corporation, etc., on the terms and conditions prescribed in the Government of India, Ministry of ……………………… (Department of ………………………) Letter / Office Memorandum No……………………, dated…………………… (annexed).

Now IT IS HEREBY AGREED by the said Company / Corporation, etc., that, in consideration of the sum of Rs……………… (Rupees………………… only) lent by the President to the Company / Corporation etc., the Company / Corporation, etc., hereby agree in accordance with the said terms and conditions – (i) To repay the loan in …………………… annual equal instalments the first instalment repayable from the …………………… anniversary of the date of drawal;

(ii) To pay interest at the rate or …………% per annum on the principal payable on each anniversary; and (iii) In case of default in the payment of the instalment of the loan in accordance with (i) above and / or interest in accordance with (ii) above, pay interest at penal rate of ……………………% per annum on such overdue payments.

IT IS HEREBY FURTHER AGREED AND DECLARED that the said Company / Corporation, etc., shall not, without the written consent of the President, encumber or alienate, create, any mortgage lien or charge by way of hypothecation, pledge otherwise, or create other encumbrances of any kind whatsoever any part of its land or buildings or other structure, and / or plant, machinery or any other fixed assets owned by them.

AND IT IS HEREBY AGREED that the said principal amount lent by the President as aforesaid shall be used by the Company / Corporation, etc., only for the purpose or purposes for which the aforesaid amount was sanctioned and for no other purpose whatsoever.

IN WITNESS WHEREOF these presents have been executed by the said Company / Corporation the day and year first above written.

THE PRESIDENT of India has agreed to bear the stamp duty, if any, chargeable on this document.

Signed for and on behalf of…………………..

Company / Corporation, etc., by Shri...………… (Name and Designation) in the presence of 1. ……………………………… Seal of the Company / Corporation 2. ………………………………

FORM GFR 33 [ see Rule 255 (1) ]

Certificate of transfer of charge Certified that I /we have in the forenoon / afternoon of this day respectively made over and received charge of the Office………………………… in pursuance or Order No……………………… dated ……………………………… Received Officer ………………………… Relieving Officer ………………………… Signature ………………………………… Signature ………………………………… (Name in Block Letters) (Name in Block Letters) Designation……………………………… Designation………………………………… Station …………………………………… Station ……………………………………… Date ……………………………………… Date ………………………………………… (For use in Audit Office / PAO only) Noted in A/R at page ………………………… SO/AAO/AO/PAO Noted in A/R at page…………………………… SO/AAO/AO/PAO Forwarded ………………………………………………………………………………… NOTE :- Separate certificate (as per Form appended) also to be used where transfer / assumption of charge involves responsibilities for Cash, Stores etc.

–  –  –

POLICY No.

IN CONSIDERATION OF the first premium shown in the First Schedule and subject to the terms and conditions contained herein or endorsed herein which are to be deemed conditions precedent to any liability on the part of the Life Insurance Corporation of India (hereinafter called “Corporation”) so far as they relate to anything to be done or complied with by the Employer, the Corporation agrees and binds itself to make good and reimburse to the Employer all such direct pecuniary loss not exceeding the amount of guarantee, as the Employer shall sustain by any act or acts of dishonesty, default or negligence committed by the employed / any of the employed (a) during the currency of this insurance and (b) during the uninterrupted continuance of employment of such employed and (c) in connection with his occupation and duties AND DISCOVERED during the currency of this insurance or within a reasonable time thereafter or within twelve months after determination of such employment whichever event shall first happen.

The proposal for this insurance made by or on behalf of the Employer together with any correspondence relative thereto shall be incorporated herein and be the basis of this contract and of every renewal.

–  –  –

In witness whereof this Bond has been signed at ……………… this day of …………………… 20 For …………………………… Prepared by ………………………… Examined by………………………… N.B.- For your own protection it is incumbent upon you to read your policy and its conditions to ascertain that it is made out in accordance with your intentions.

The name of the Company to be inserted in ink at the time of execution of this form.

CONDITIONS

In this policy the expression shall bear the respective meanings attached to them in the First Schedule hereto

1. The Corporation shall not be liable to make any payment hereunder if the nature of the business of the Employer of the duties or conditions of service shall be changed or the remuneration or any of the Employed reduced without the sanction of the Corporation or if the precautions and checks for securing accuracy of accounts shall not be duly observed.



Pages:     | 1 |   ...   | 23 | 24 || 26 |


Similar works:

«657 Adopted Report of the Governance Administration & Finance Committee Meeting held Tuesday, 23 April 2013 at 09:00 am Gold Coast City Council Chambers 135 Bundall Road Surfers Paradise Our positioning statement Working for our future today Our city vision Defined by our spectacular beaches, hinterland ranges, forests and waterways, the Gold Coast is an outstanding city which celebrates nature and connects distinct communities with the common goal of sustainability, choice and wellbeing for...»

«© Copyright, Princeton University Press. No part of this book may be distributed, posted, or reproduced in any form by digital or mechanical means without prior written permission of the publisher. Samuel Bowles, Herbert Gintis, and Melissa Osborne Groves Intergenerational Inequality Matters Citizens of modern democratic societies hold strongly meritocratic val­ ues. Equal opportunity for educational and occupational advancement can and should ensure that each child have a fair chance of...»

«Skimming or Penetration? Strategic Dynamic Pricing for New Products Martin Spann 1 Marc Fischer 2 Gerard J. Tellis 3 February 2009 Contact Information: University of Passau, Innstr. 27, D-94032 Passau, Germany, spann@spann.de University of Passau, Innstr. 27, D-94032 Passau, Germany, marc.fischer@uni-passau.de Marshall School of Business, University of Southern California, Los Angeles, CA 90089tellis@marshall.usc.edu Skimming or Penetration? Strategic Dynamic Pricing for New Products ABSTRACT...»

«RETHINKING THE INTRADISTRICT DISTRIBUTION OF SCHOOL INPUTS TO DISADVANTAGED STUDENTS Ross Rubenstein Associate Professor of Public Administration Maxwell School, Syracuse University 426 Eggers Hall Syracuse, NY 14456 315-443-3832 (phone) 315-443-1081 (fax) rrubenst@maxwell.syr.edu Amy Ellen Schwartz Professor of Public Policy, Education and Economics Wagner Graduate School of Public Service New York University 295 Lafayette Street New York, NY 10012 Amy.schwartz@nyu.edu Leanna Stiefel Professor...»

«Risk Management, Corporate Governance, and Bank Performance in the Financial Crisis* Vincent Aebia, Gabriele Sabatob, and Markus Schmidc,# a Swiss Institute of Banking and Finance, University of St. Gallen, CH-9000 St. Gallen, Switzerland b Royal Bank of Scotland, Group Risk Management, 1000EA Amsterdam, Netherlands c University of Mannheim, Finance Area, D-68131 Mannheim, Germany January 2011 Abstract The recent financial crisis has raised several questions with respect to the corporate...»

«CHAPTER ONE Brazil The “B” Belongs in the BRICs LEONARDO MARTINEZ-DIAZ AND LAEL BRAINARD B razil’s economy has yet again become an object of fascination and speculation for international investors, academics, pundits, and policymakers in the United States and Europe. As a country replete with natural resources, endowed with a large internal market, and home to dynamic and increasingly global corporations, Brazil has been famously anointed as a “BRIC”—thus identified along with...»

«Insight April 2010 Three ways to think about DB finance By Brian Donohue, Senior Vice President, Aon Consulting In this article we discuss three fundamentally different ways to view defined benefit (DB) plan finance: (1) a cash view, generally defined by the funding requirements under ERISA; (2) an earnings view, generally defined by accounting treatment; and (3) a real world view. By DB finance we mean, generally, contributions and contribution strategy and investments and investment strategy....»

«econstor A Service of zbw Leibniz-Informationszentrum Wirtschaft Make Your Publication Visible Leibniz Information Centre for Economics Maurel, Mathilde; Schnabl, Gunther Working Paper Keynesian and Austrian Perspectives on Crisis, Shock Adjustment, Exchange Rate Regime and (Long-Term) Growth Working Papers on Global Financial Markets, No. 18 Provided in Cooperation with: University of Jena and University of Halle, Foundations of Global Financial Markets Stability and Change Suggested Citation:...»

«The General Theory of Employment, Interest, and Money by John Maynard Keynes The General Theory of Employment, Interest, and Money John Maynard Keynes Table of Contents PREFACE • PREFACE TO THE GERMAN EDITION • PREFACE TO THE JAPANESE EDITION • PREFACE TO THE FRENCH EDITION • Book I: Introduction 1. THE GENERAL THEORY 2. THE POSTULATES OF THE CLASSICAL ECONOMICS 3. THE PRINCIPLE OF EFFECTIVE DEMAND Book II: Definitions and Ideas 4. THE CHOICE OF UNITS 5. EXPECTATION AS DETERMINING...»

«Page # 1 Economic impacts of Tourism Economic Impacts of Tourism Daniel J. Stynes Businesses and public organizations are increasingly interested in the economic impacts of tourism at national, state, and local levels. One regularly hears claims that tourism supports X jobs in an area or that a festival or special event generated Y million dollars in sales or income in a community. “Multiplier effects” are often cited to capture secondary effects of tourism spending and show the wide range...»

«INDIAN INSTITUTE OF BANKING & FINANCE (An ISO 9001 2008 CERTIFIED ORGANISATION) Kohinoor City, Commercial-II, Tower-1, 2nd Floor, Kirol Road, Kurla (West), Mumbai 400 070 Web-site : www.iibf.org.in Advanced Wealth Management Course Rules & Syllabus 2012 The Advanced Wealth Management Course (Post Graduate Diploma in Financial Advising has been renamed as Advanced Wealth Management Course with effect from June 2011 examination) has been introduced, with technical support from the Securities...»

«The Credit Ratings Game by Patrick Bolton¤  Xavier Freixas¤¤ and Joel Shapiro¤¤¤ May 2010 Abstract: The collapse of so many AAA-rated structured.nance products in 2007-2008 has brought renewed attention to the causes of ratings failures and the con‡icts of interest in the Credit Ratings Industry. We provide a model of competition among Credit Ratings Agencies (CRAs) in which there are three possible sources of con‡icts: 1) the CRA con‡ict of interest of understating credit...»





 
<<  HOME   |    CONTACTS
2017 www.sa.i-pdf.info - Abstracts, books, theses

Materials of this site are available for review, all rights belong to their respective owners.
If you do not agree with the fact that your material is placed on this site, please, email us, we will within 1-2 business days delete him.