OFFICE MEMORANDUM
The competent authority has approved the revision of financial powers to sign the financial instruments i.e. Cheques/NEFT/Bank Transfer etc.
The revised financial powers are mentioned against each of signing authority(ies):-
|
Cheques / Bank transfer |
Signing Authorities |
|
Up to Rs. 75,000/- |
Dy. Registrar (F&A) |
|
Up to Rs. 2,00,000/- |
Dy. Registrar (F&A) +Dean (F&A) |
|
Above Rs. 2,00,000/- |
Dean (F&A) + Registrar + Dy. Registrar (F&A) |
|
Any amount:- Salary/Allowances/Scholarship/Manpower Services/Security Services: any amount.
Statutory payments including Electricity bills: any amount |
Dean (F&A) + Registrar + Dy. Registrar (F&A) |
|
Any amount:- HEFA Loan Repayment (principal & interest : on actual basis) |
Dean (F&A) + Registrar + Dy. Registrar (F&A) |
These orders are in supersession to all the earlier notifications/office memorandums in this regard and will come into force with immediate effect.
Dy. Registrar
(Finance & Accounts)
1. Directorate.
2. All Faculty and Staff through email.
3. Guard file.
