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GOVERNMENT OF ANDHRA PRADESH
ABSTRACT
Loans & Advances – Forest Department - House Building Advance - HBA of
Rs. 2.00 lakhs to Sri A.K.Maurya, IFS, Chief Conservator of Forests (SF),
O/o. Prl.Chief Conservator of Forests, A.P., Hyderabad towards carrying out
repairs / extension to his House - Sanctioned - Orders – Issued.
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ENVIRONMENT, FORESTS, SCIENCE & TECHNOLOGY (FOR.V) DEPARTMENT
G.O.Ms.No. 13 Dated: 22-02-2012.
Read the following:-
1. From PAO, Lr.No.PAO/PAG.III/U.III/2011-2012/2736,
dt.21.11.2011, along with application of Sri A.K. Maurya, IFS.
2. From Prl.CCF Lr.Rc.No.36431/2011/C1, Dt.13.12.2011.
3. Fin. U.O.Note.No.18537/A/120/A&L/2011-I-1, dt.16.7.2011.
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O R D E R:
Under Article 226 of A.P. Financial Code Volume-I and rules there
under, and as amended from time to time, Government hereby sanction an
amount of Rs.2.00 lakhs (Rupees Two Lakhs only) towards House Building
Advance to Sri A.K.Maurya, IFS, Chief Conservator of Forests (SF), O/o.
Prl.Chief Conservator of Forests, A.P., Hyderabad for carrying out repairs /
extension to his House situated at Plot No.108, Prashasan Nagar, Hyderabad.
2. The sanction of advance is subject to the following terms and
conditions:
i) The advance sanctioned in para 1 above shall be utilized for the
purpose for which it is sanctioned within the stipulated period failing
which, penal interest as per rules shall be levied for the period not
covered by the Government sanction;
ii) Interest will be charged @ 5.50% per annum (simple interest). The
rate of interest is provisional and subject to revision from time to
time;
iii) The recovery of the advance shall be effected through monthly
pay/leave salary of the grantee. If the grantee ceases to be in
service for any reason other than the normal
retirement/superannuation or if he dies before repayment of the
advance in full, the entire outstanding amount of advance shall
become payable to the Government forthwith. Failure on the part of
the grantee or his successor in interest to pay the advance for any
reason whatsoever, will entitle the Govt., to enforce the mortgage or
to take such other action as may be permissible under the law;
iv) The loanee shall submit within a period of six months from the date
of payment of advance, utilization certificate and completion report
from a competent authority not lower in rank of a Dy.E.E. (civil) to
the effect that the loanee has carried out the repairs etc., to his
house strictly in accordance with the plan and estimates submitted
by him to the loan sanctioning authority;
v) The loanee shall mortgage the house in favour of the Govt.,
immediately before release of the loan amount sanctioned.
(P.T.O):: 2 ::
vi) The loanee shall immediately after completion of the repairs,
extensions an alterations, insure the property with any reputed
Insurance Company and produce the original policy to the
sanctioning authority. Such policy shall be renewed year after year
till the loan amount is liquidated without waiting for the transfer of
title of the house;
vii) The agreement and surety bond for repayment of the advance
should be executed and submitted to Government at the time of
drawal of the advance.
viii) The repairs etc. should be completed within six months from the
date of drawal of advance.
ix) The advance sanctioned in para 1 above shall be recovered in (75)
equal monthly installments commencing from the following months
of the month in which the advance is drawn @ Rs.2,716/- for 1st
month recovery and @ Rs.2,666/- P.M for the remaining (74)
instalments (Rupees two thousand six hundred and sixty six only)
After the principal amount is completely recovered, the interest
@ 5.50% per annum (simple interest) will be charged and
recovered in (15) monthly installments.
3. The advance sanctioned in para 1 above shall be met from out of the
funds of Rs.13.65 lakhs allotted for the 2nd quarter to EFS&T Dept., by the
Fin. (A&L) Dept., vide U.O.Note.No.18537/A/120/A&L/2011-I-1,
dt.16.7.2011, and shall be debited the Head of Account "7610 - Loans to
Government to Servants – M.H. 201 - House Building Advances - SH(04) -
Loans to other Officers – AIS Officers – IFS Officers. “A” slip is enclosed
herewith.
4. The Prl.Chief Conservator of Forests, A.P., Hyderabad is authorized to
draw and disburse the amount sanctioned to the Member of Service.
5. This order does not require the concurrence of Finance Department
under the rules in force on the subject.
(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)
M. SAMUEL
SPECIAL CHIEF SECRETARY TO GOVERNMENT
To
Sri A.K.Maurya, IFS, Chief Conservator of Forests (SF),
O/o. the Prl.Chief Conservator of Forests, Hyderabad.
through the Prl.Chief Conservator of Forests, A.P. Hyderabad.
The Prl.Chief Conservator of Forests, A.P. Hyderabad (w.e.)
The Accountant General, A.P. Hyderabad.
The Pay & accounts Officer, A.P. Hyderabad.
The Dy. Pay & Accounts Officer, Secretariat Branch, Hyderabad.
Copy to Finance and Planning (A&L) Dept.,
sf/sc
// FORWARDED : BY ORDER //
SECTION OFFICER