Home India GAD01 - GENERAL ADMINISTRATION MS-123: Establishment –– Loans and Advances – House Building...
Date: 2012-02-25 Category: Andhra Pradesh GOIR State: Andhra Pradesh Country: India

MS-123: Establishment –– Loans and Advances – House Building Advance for Repairs (First Loan) to Sri A. Ashok, A.S.O. (SC), General Administration (SC) Department - Sanction of an amount of Rs. 2,00,000/-- towards House Building repairs (First Loan) – Orders – Issued.

Issued by GAD01 - GENERAL ADMINISTRATION · Not Applicable

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GOVERNMENT OF ANDHRA PRADESH ABSTRACT Establishment –– Loans and Advances – House Building Advance for Repairs (First Loan) to Sri A. Ashok, A.S.O. (SC), General Administration (SC) Department - Sanction of an amount of Rs. 2,00,000/-- towards House Building repairs (First Loan) – Orders – Issued. =========================================================== ====== GENERAL ADMINISTRATION (SC.B) DEPARTMENT G.O.Rt.No. 123 Dated 25.02.2012. Read the following:- 1 G.O.Ms.No.311, Fin.&Plg.(FW-A&L) Dept., dt:06-11-1996 2 G.O.Ms.No.77, Fin.&Plg.(A&L) Dept., dt:17-02-2006. 3. Application of Sri A. Ashok, ASO (SC), GA(SC)Department, dated 8-02-2012 4 G.O.Ms.No. 2743, Finance (A&L) Department, dated 18-07-2011 5 U.O.Note No. 26247/OP-I/2011-1, GA(OP-I) Department, dated 12/08/2011 * * * O R D E R:- Under Article 229 of Andhra Pradesh Financial Code Vol.I read with rule 5(a)(4)(a) of the House Building Advance Rules and subject to the terms and conditions laid down in G.O.Ms.No. 368, Finance & Planning Department, dated 26-03-1958 & G.O.Ms.No. 311, F&P (F.Wing-A&L). Department dated 6-11-2006, as amended from time to time sanction is hereby accorded to Sri A. Ashok, Assistant Section Officer (SC), General Administration (SC-X) Department for an Advance of Rs. 2,00,000/- (Rupees Two Lakhs only) towards House Building Repairs 1st loan for the house owned by him in Plot No.17, House No. 7-54/1 in Survey No. 75& 76, Shankar Nagar, Near Uppal Bus Depot, Ranga Reddy District. The sanction of advance is also subject to the following conditions: (a) The advance sanctioned shall be drawn and paid in lump sum immediately on the production of plans and estimates by the applicant. Repairs should be completed within six months from the date of drawl. The loanee who has already mortgaged the house in favour of the Government towards security for the advance already paid for the purpose either for construction of a house or for purchase of a ready built house should execute an additional mortgage deed in favour of the Government covering the additional advance taken from the Government towards repairs and extensions etc. (b) The grantee should execute an agreement bond for the repayment for the advance; (c) The house for which repairs are proposed and for which the advance is obtained should be insured immediately after repairs are completed, at the grantees cost for a sum not less than the amount of the advance with interest due thereon and should be kept insured against damage by fire, flood, cyclone or lightening, year after year till the advance with interest due thereon is fully repaid to the Government and the insurance policy should be deposited with the Government. (d) Repairs to the house should be completed within six months from the date of drawal of the advance. The grantee should report to Government soon after the work is completed. (e) The advance shall be utilized for the purpose for which it is sanctioned within the stipulated period, failing which penal interest under the rules will be levied and it will be imposed without prejudice to summary recovery of the advance with usual interest which may also be ordered by the Government. (f) The dates of drawal of the advance and of its utilization shall be reported to Government promptly. In case, the grantee does not require or draw the advance, the fact should be reported to Government immediately. PTO: 2 :: (g) He should submit within six months from the date of drawal of advances, utilization certificate and completion report from a competent local authority not lower in than the rank of Deputy Engineer (Civil) to the effect that the repairs have been carried out to his house strictly in accordance with the plan and estimates furnished by him failing which penal interest will be imposed from the date of drawal of the advance to the date of submission of the above certificate, and (h) It will be open to the grantee to repay the amount in shorter period if he so desires. The balance of advance with interest, if any remaining unpaid on the date of retirement will be recovered from the whole or any specified part of the Death-cum-retirement Gratuity that may be sanctioned to him. 2. The advance sanctioned above should be recovered in 75 monthly installments, @ Rs. 2667/-, the first installment is Rs. 2,642/-.The recovery of advance will commence from the month following the drawal of advance. Interest at the rate of 5% per annum will be charged on the advance and recovered in not more than 15 installments. 3. In case, the grantee does not repay the balance of the advance due to the Government on or before the date of retirement, it shall be open to the Government to enforce the mortgage any time thereafter and recover the balance of advance due together with interest. The recovery of the advance shall be affected through the monthly pay/leave salary bills of the grantee. If the grantee ceases to be in service for any reasons other than the normal retirement by superannuation or if any dies before the repayment of the advance , the advance shall be recovered from the DCRG payable to the individual forthwith. If the grantee or his successors fail to repay the advance for any reason whatsoever, the Government is entitled to enforce the mortgage or to take such other action as may be permissible under law. 4. It is certified that the advance for carrying out repairs to the house is sanctioned for the first time in his entire service. 5. The expenditure shall be met from the head of account “7610-Loans and Advances to Government Servants – 201 – House Building Advance – SH(05) – Loans to Other Officers – 001 Loans to the other Officers.” 6. The amount sanctioned above shall be met from the amount allocated to this department during the 2nd quarter of the Financial Year, 2011-12. 7. The General Administration (Claims-A) Department are requested to draw an amount of Rs. 2,00,000/- and disburse the amount to the individual. 8. This order does not require the concurrence of Finance Department as per the orders in force. (BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH) AJAY MISRA, PRINCIPAL SECRETARY TO GOVERNMENT (POLL) To Sri A. Ashok, Assistant Section Officer (SC), G.A.(SC-X) Department. The G.A. (Claims-A/OP-I) Department The Deputy Pay and Accounts Officer, Secretariat Branch, Hyderabad. The Accountant General, A.P., Hyderabad. SF/SCs //FORWARDED BY ORDER// SECTION OFFICER (SC)

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