RT-1722: Loans and Advances – Advances to Government Servants – Conveyance Advance to Sri M.A. Rawoof Ali Khan, Dafedar and others of Finance Department for purchase of Motor Cycle – Sanctioned – Orders – Issued.

GOVERNMENT OF ANDHRA PRADESH ABSTRACT Loans and Advances – Advances to Government Servants – Conveyance Advance to Sri M.A. Rawoof Ali Khan, Dafedar and others of Finance Department for purchase of Motor Cycle – Sanctioned – Orders – Issued. ------------------------------------------------------------------------------------------- FINANCE (OP.I) DEPARTMENT G.O.Rt.No. 1722 Dated:31-03-2012 Read the following: 1. G.O.(P) NO.175, Finance & Plg.(A&L) Department, dated 15.05.2010. 2. G.O.Rt.No.1259, Finance (A&L) Department, dated. 29-03-2012. 3. Applications of Sri Rawoof Ali Khan, Dafedar and others of Finance Department *** O R D E R : Under Art.230 of A.P.F.C. Volume-I, Government sanction an amount of Rs.3,60,000/-(Rupees three lakhs sixty thousand only) (Rs.60,000/- each) to Sri Rawoof Ali Khan, Dafedar, Sri Syed Yousuf, Smt. P. Kalawathi, Jamedar, Sri P. Sankarappa, Assistant Section Officer , Smt. L. Venkata Lakshmi, Assistant Section Officer and Sri J. Chandra Sekhar, Assistant Section Officer of Finance Department towards Motor Cycle Advance for purchase of Motor Cycle as shown in the annexure to this order. 2. The sanction of the above advances is subject to the following conditions:- a) They should purchase Motor Cycle and pay for it within one Month from the date on which the advance was drawn failing which the full advance drawn together with the interest shall be refunded to the Government forthwith. No extension of time for completion of transaction will ordinarily be allowed. They should make sure themselves about the availability of the vehicle in the market before he draw the advance. b) If the actual price paid for Motor cycle is less than the advance drawn, the balance should be refunded to the Government. They should also produce the stamped receipt in token of having purchased the vehicles. c) They should execute and submit a mortgage bond in form 14 of the A.P. Financial Code Volume-I, as soon as the vehicle has been purchased with a report of date of insurance of vehicle. They should keep the Motor Cycle insured against loss or damage by fire, theft, accident etc., till the entire advance together with interest is repaid as stipulated in Art.230 of A.P. Financial Code Volume-I. They should effect the necessary insurance from the date of purchase of the vehicle. d) They should purchase a vehicle which is fit for comprehensive insurance and no third party insurance will be accepted. P.T.O.-2- 3. The principal of the loan along with interest sanctioned in para one of the G.O., shall be recovered as shown in the annexure to this order. 4. The Insurance Policy should be forwarded together with a letter in Form 15 of the A.P.F.C. Vol.-I addressed to the Insurance Company with whom the vehicle is insured notifying of the fact that the Government are interested in the policy secured. The comprehensive insurance policy should be renewed every year till the loan is liquidated. 5. The advance sanctioned in respect of Sri Syed Yousuf, Shroff, Sri P. Sankarappa, Assistant Section Officer, Smt. L. Venkata Lakshmi, Assistant Section Officer and Sri J. Chandra Sekhar, Assistant Section Officer are the first of its kind and Sri Rawoof Ali Khan, Dafedar and Smt. P. Kalawathi, Jamedar are the second of its kind and it is certified that they have not drawn any other conveyance advance during the preceding five years. 6. Surety bond need not be obtained from the individual since they are approved probationers. 7. The expenditure shall be met from out of the funds released to the Finance Department in the reference 2nd read above and be debited to the Head of Account “7610. Loans to Government Servants, 202. Advances for purchase of Motor Cycle conveyances, SH (05) Loans for purchase of Motor Cycle Advance”. 8. Finance (Claims) Department are requested to draw and disburse the amount to the individuals through ECS. (BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH) Dr. P.V. RAMESH PRINCIPAL SECRETARY TO GOVERNMENT (R&E) To The individuals concerned. Copy to: The Finance (Claims) Department. The Deputy Pay and Accounts Officer, Secretariat Branch, Hyderabad. The Principal Accountant General (A&E), Andhra Pradesh, Hyderabad. SF/SCs. //FORWARDED:: BY ORDER// SECTION OFFICER