Winding up of DFC

रजिस्ट्री स.ं डी.एल.- 33002/99 REGD. No. D. L.-33002/99 भारत सरकार GOVERNMENT OF INDIA एस.जी.-डी.एx लx .x -G अID .H -0xx 9x 0 22026-269978 xxxGIDExxx SG-DL-E-09022026-269978 असाधारण EXTRAORDINARY प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 46] दिल्ली, सोमवार, फरवरी 9, 2026/माघ 20, 1947 [रा.रा.रा.क्षे.दि. स.ं 460 No. 46] DELHI, MONDAY, FEBRUARY 9, 2026/MAGHA 20, 1947 [N. C. T. D. No. 460 भाग IV PART IV राष्ट्रीय रािधानी राज्य क्षत्रे दिल्ली सरकार GOVERNMENT OF THE NATIONAL CAPITAL TERRITORY OF DELHI foÙk foHkkx अजधसचू ना दिल्ली, 6 फरवरी, 2026 Qk- la- foÙk-¼Mh,Qlh½@2025&26@876-—fo"k;% jkT; foÙkh; fuxe vfèkfu;e] 1951 dh èkkjk 45 ds vUrxrZ fnYyh foÙkh; fuxe dks can djus gsrq vkns'k tcfd 1- fnYyh foÙkh; fuxe ¼rRi”pkr~ ÞMh,QlhÞ ds :i eas lanfHkZr½ jkT; foÙkh; fuxe vfèkfu;e] 1951 ¼1951dh vfèkfu;e la[;k 63½ ds vUrxZr LFkkfir ,d foÙkh; fuxe gS% 2- jk"Vªh; jktèkkuh {ks= fnYyh ljdkj dh efa=ifj"kn us foÙkh; vO;ogk;Zrk vkSj tufgr ds fopkjks a ds dkj.k Mh,Qlh dk s can djus ds çLrko ij fopkj fd;k gS rFkk ml s vuqeksfnr fd;k gS] vkSj l{ke çkfèkdkjh us fu.kZ; fy;k gS fd Mh,Qlh dks rRi”pkr~ micfa/kr rjhds ls can fd;k tk,% 3- vkSj tcfd mä vuqeksnu efa=eMa y ds fu.kZ; la[;k 3294] fnukad 14-01-2026 ds ekè;e ls çnku fd;k x;k gS( 952 DG/2026 (1)2 DELHI GAZETTE : EXTRAORDINARY PART IV] 4- mä vfèkfu;e dh èkkjk 45 ds vUrxZr fdlh foÙkh; fuxe dk s jkT; ljdkj ds vkns'k ds vykok vkSj dsæa 'kkflr çns'k ds ekeys esa ç'kkld }kjk funsZf'kr rjhds ls ifjlekiu eas ugÈ j[kk tk,xk( vc] blfy, jkT; foÙkh; fuxe vfèkfu;e] 1951 dh èkkjk 45 }kjk çnÙk 'kfä;kas vkSj bl lacaèk eas l{ke vU; lHkh 'kfä;kas dk ç;kxs djrs gq,] jk"Vªh; jktèkkuh {k=s fnYyh ds ekuuh; mijkT;iky ,rí~okjk fuEufyf[kr vkns'k nsrs gSa% 1- can djuk ¼1½ fnYyh foÙkh; fuxe vkfèkdkfjd jkti= es a bl vfèklwpuk ds çdk'ku dh frfFk ls can dj fn;k tk;xs k A ¼2½ mä frfFk ls Mh,Qlh ds lHkh ifjpkyu LFkfxr dj fn;s tk,xa s] ftleas _.kkas dh dkÃs uà Lohd`fr@laforj.k djuk Hkh 'kkfey gS vkSj ;g dsoy can djus ds ç;kstukFk Z vFkkZr~% cdk;k dh olwyh] olwyh] nsunkfj;kas dk fuiVku] ifjlaifÙk;ks a dk fuiVku@gLrkarj.k vkSj oSèkkfud vkSj ç'kklfud lekiu dk;ks± dks iw.kZ djus laca/kh dk;Z djsxkA 2- lekiu lfefr dk xBu ¼1½ Mh,Qlh dks can djus ds dk;kZUo;u grs q fuEufyf[kr lekiu lfefr dk xBu ,rn~ }kjk fd;k tkrk gS% d½ ç'kklfud lfpo ¼foÙk½] jk’Vªh; jkt/kkuh {ks= fnYyh ljdkj & vè;{k [k½ ç'kklfud lfpo ¼m|ksx½] jk’Vªh; jkt/kkuh {k=s fnYyh ljdkj & lnL; x½ ç'kklfud lfpo ¼fof/k½] jk’Vªh; jkt/kkuh {ks= fnYyh ljdkj &lnL; ?k½ ç'kklfud lfpo ¼lsok,½a ] jk’Vªh; jkt/kkuh {k=s fnYyh ljdkj & lnL; M+½ vè;{k&lg&çcaèk funs'kd] Mh,Qlh&lnL; p½ fu;a=d ¼dks’kkxkj½] jk’Vªh; jkt/kkuh {k=s fnYyh ljdkj & lnL; N½ pMa hx<+ ç'kklu ds çfrfufèk & lnL; t½ ,lvkÃMhchvkà ds çfrfufèk & lnL; >½ dk;dZ kjh funs'kd] Mh,Qlh & lnL; lfpo ¼2½ lfefr jk’Vªh; jkt/kkuh {k=s fnYyh ljdkj ds fdlh vfèkdkjh@çkfèkdj.k@,tsla h dk s lg&fodfYir dj ldrh gS@lgk;rk ekax ldrh gS rFkk can djus çfØ;k ds fy, vko';drkuqlkj fdlh O;fä ¼O;fDr;ks½a dk s fo'k"s k vkeaf=r ds :i eas fuea=.k ns ldrh gSA 3- çcèa ku vkSj 'kfä;kas dk fufgr gksuk ¼1½ bl vfèklwpuk ds çdk'ku dh frfFk ls] funs'kd ckMs Z vkSj Mh,Qlh ds çcèa ku dh lHkh 'kfä;ka mijkäs vuqPNsn 2 ds vUrxZr xfBr lekiu lfefr eas fufgr gk s tk,axhA ¼2½ Mh,Qlh }kjk igys tkjh fd;k x;k dkÃs Hkh nLrkots ] ladYi] ifji=] çR;k;kstu ;k çkfèkdj.k bl vfèklwpuk ds lkFk vlaxr lhek rd vk”kkfs/kr ekuk tk,xkA[PART IV DELHI GAZETTE : EXTRAORDINARY 3 4- lekiu lfefr ds dk;Z rFkk 'kfä;k¡ lekiu lfefr ds ikl fuEufyf[kr “kfDr;ks a gksaxh tks ykxw dkuwu vkSj ekStnw k ljdkjh vuqns”kkas ds vèkhu gksxh% d½ Mh,Qlh dh lHkh ifjlaifÙk;ks]a vfHkys[kkas] çfrHkfwr;ks]a udnh@caSd 'k"s k] fuos'kksa vkSj laifÙk;ks a dh vfHkj{kk] fu;a=.k vkSj çcaèku djuk( [k½ cdk;k jkf'k olwy djuk vkSj olwyh djuk] ftlesa vksVh,l@le>kSrk ;kts ukvks]a dkuwuh dk;Zokfg;ksa vkSj çorZu dkjZokb;ks a ds ekè;e ls olwyh djuk 'kkfey gS] tSlk fd vuqer gS( x½ ys[kk as dks vafre :i nsus] ys[kkijh{kk djus] oSèkkfud vuqikyuks a dk s iwjk djus vkSj ifjpkyu O;oLFkkvkas dk s can djus dk dk;Z vkjaHk djuk vkjS mls iw.kZ djuk( ?k½ oSèkkfud ns; jkf'k;kas vkSj nsunkfj;ks a dk fuiVku djuk] ftues a ljdkjh ns; jkf'k;k¡] uxjikfydk ns; jkf'k;k¡] mi;kfsxrk ns; jkf'k;k¡] dj vkSj vU; oSèk nko s 'kkfey gSa% M+½ py@vpy ifjlaifÙk;ks a dh ikjn'kÊ rjhds ls vkSj ykxw fu;ekas ds vuqlkj igpku djuk] mUgs a lajf{kr djuk] gLrkra fjr djuk ;k mudk fuiVku djuk] ftles a iê s ij nh xà laifÙk;ks a ds ekeys eas iêns krk izkfèkdkfj;ks a l s vuqeksnu@lgefr çkIr djuk 'kkfey gS% p½ ykx w lsok fu;ekas@funsZ'kkas ds vuqlkj vkSj lsok ,o a fofèk foHkkxksa dh lykg ds vèkhu] iquÆu;kts u] fujarjrk] lsokar fgrykHk vkSj lacfaèkr dkjZokb;ks a lfgr deZpkjh çcaèku ds fy, fu.kZ; ysuk( N½ vfèk—r vfèkdkfj;kas ds ekè;e ls Mh,Qlh ds uke ij Mh,Qlh }kjk ;k mlds fo#) fdlh Hkh dkuwuh dk;Zokgh dk s tkjh j[kuk] 'k:q djuk] cpko djuk] fuiVkuk ;k okil ysuk( t½ ykx w [kjhn ekunaMksa ds vuqlkj vko';drkuqlkj i's kos jkas@ijke”kZnkrkvksa ¼ys[kk ijh{kd] eYw ;kda udrkZ] fof/kd dkmafly vkfn½ dks fu;qä djuk( vkSj >½ can djus dk s çHkkoh cukus ds fy, lHkh vko';d vkdfLed vkSj ifj.kkeh dne mBkukA 5- ifjlaifÙk;ks]a nsunkfj;ksa vkSj olwfy;ksa dk fu:i.k ¼1½ can djus ds nkSjku olwyh] eqæhdj.k ;k gLrkra j.k ls çkIr èkujkf'k dk s lekiu O;; vkSj nsunkfj;ks a ds fy, bl çdkj ls ykxw fd;k tk,xk tSlk fd lekiu lfefr ykx w dkuwu vkSj ljdkjh funsZ'kkas ds vuq:i funsZf'kr dj ldrh gSA ¼2½ iê s ij nh xà ifjlaifÙk;ksa dk dkÃs Hkh gLrkra j.k ykx w ekunaMksa ds vèkhu gksxkA 6- deZpkjh ,oa los kra fgrykHk ¼1½ Mh,Qlh ds deZpkfj;kas ds ors u] lsok 'krs±] iquÆu;kstu] lsokfuo`fÙk ykHk] ias'ku@thih,Q@,uih,l vkSj lHkh lsokar ns; jkf'k;kas dk fuiVkjk ykx w fu;ekas] vfèklwpukvkas] ljdkjh vuqns”kka s vkSj fof/kd lykg ds vuqlkj vkSj fufèk;kas dh miyCèkrk ds vèkhu fd;k tk,xkA ¼2½ deZpkfj;ks a ds fy, çfrdwy dksà Hkh dkjZokà dkuwu vkSj mfpr çfØ;k ds vuqlkj gh dh tk,xhA 7- fof/kd dk;Zokgh tkjh j[kuk can djus vkSj vof”k’V ifjlaifÙk;ks a vkSj nsunkfj;ks a ds fuiVku@gLrkUrj.k ds iw.k Z gksus ij ekuuh; mijkT;iky] Mh,Qlh ds vafre fo?kVu dh ?kk’s k.kk djrs gq, vko”;drkuqlkj ,d vkSj vf/klwpuk tkjh dj ldrs gSa rFkk ,ls s ifj.kkeh funsZ”k Hkh tkjh dj ldrs gSaA4 DELHI GAZETTE : EXTRAORDINARY PART IV] 8- vafre fo?kVu daiuh ds lekiu vkjS 'k"s k ifjlaifÙk;ks a ,o a nsunkfj;kas ds fuiVku@gLrkra j.k dh çfØ;k iwjh gksus ij] ekuuh; LFkkuh; fudk; Mh,Qlh ds vafre fo?kVu dh ?kk"s k.kk djrs gq, vkSj vko';d ifj.kkeh funsZ'k tkjh djrs gq, ,d vkSj vfèklwpuk tkjh dj ldrs gSaA jk"Vªh; jktèkkuh {k=s fnYyh ds mijkT;iky ds vkns'k ls rFkk muds uke ij] 'kjw chj Çlg] lfpo ¼foÙk½ FINANCE DEPARTMENT NOTIFICATION Delhi, the 6th February, 2026 F. No. Fin. (DFC)/2025-26/876.— Subject: Order for winding-up of Delhi Financial Corporation under Section 45 of the State Financial Corporations Act, 1951 WHEREAS 1. The Delhi Financial Corporation (hereinafter referred to as "DFC") is a Financial Corporation established under the State Financial Corporations Act, 1951 (Act No. 63 of 1951): 2. The Council of Ministers, Government of NCT of Delhi, has considered and approved the proposal for winding- up of DFC on account of its financial non-viability and public interest considerations, and the competent authority has decided that DFC be wound up in the manner hereinafter provided; 3. AND WHEREAS the said approval has been accorded vide Cabinet Decision No. 3294 dated 14.01.2026; 4. Under Section 45 of the said Act, a Financial Corporation shall not be placed in liquidation save by order of the State Government and in such manner as it may direct by administrator in case of Union Territory; NOW, THEREFORE In exercise of the powers conferred by Section 45 of the State Financial Corporations Act, 1951, and all other powers enabling in this behalf, the Hon'ble Lieutenant Governor of the National Capital Territory of Delhi hereby orders as follows: 1. Winding-up (1) The Delhi Financial Corporation shall stand wound up with effect from the date of publication of this Notification in the Official Gazette. (2) With effect from the said date, all operations of DFC shall stand ceased, including undertaking any fresh sanction/disbursement of loans, and it shall function only for the purposes of winding-up, namely: realisation of dues, recovery, settlement of liabilities, disposal/transfer of assets, and completion of statutory and administrative closure actions. 2. Constitution of Winding-up Committee (1) The following Winding-up Committee is hereby constituted for implementation of the winding-up of DFC: a) Administrative Secretary (Finance), GNCTD - Chairperson b) Administrative Secretary (Industries), GNCTD- Member c) Administrative Secretary (Law), GNCTD - Member[PART IV DELHI GAZETTE : EXTRAORDINARY 5 d) Administrative Secretary (Services), GNCTD - Member e) Chairman-cum-Managing Director, DFC - Member f) Controller (Treasuries), GNCTD - Member g) Representative of Chandigarh Administration - Member h) Representative of SIDBI - Member i) Executive Director, DFC - Member Secretary (2) The Committee may co-opt/seek assistance of any officer/authority/agency of GNCTD and may invite any person(s) as special Invitee(s), as required for the winding-up process. 3. Vesting of Management and Powers (1) With effect from the date of publication of this Notification, all powers of the Board of Directors and the management of DFC shall stand vested in the Winding-up Committee constituted under paragraph 2 above. (2) Any instrument, resolution, circular, delegation or authority previously issued by DFC shall stand modified to the extent inconsistent with this Notification. 4. Functions and Powers of Winding-up Committee The Winding-up Committee shall, subject to applicable law and extant Government instructions, have powers to: a) take custody, control and management of all assets, records, securities, cash/bank balances, investments and properties of DFC; b) realise dues and pursue recoveries, including through OTS/settlement schemes, legal proceedings and enforcement actions as permissible: c) undertake and complete finalisation of accounts, audit, statutory compliances, and closure of operational arrangements; d) settle statutory dues and liabilities, including Government dues, municipal dues, utility dues, taxes and other lawful claims; e) identify, preserve, transfer or dispose of movable/immovable assets in a transparent manner and as per applicable rules, including obtaining approvals/consents from lessor authorities in case of leasehold properties; f) take decisions for employee management, including redeployment, continuity, terminal benefits and related actions, in accordance with applicable service rules/instructions and subject to advice of Services and Law Departments; g) continue, institute, defend, settle or withdraw any legal proceedings by or against DFC in the name of DFC, through authorised officers: h) engage professionals/consultants as required (auditors, valuers, legal counsel, etc.) in accordance with applicable procurement norms; and i) take all incidental and consequential steps necessary to effectuate winding-up. 5. Treatment of Assets, Liabilities and Recoveries (1) The proceeds of recoveries, monetisation or transfers during winding-up shall be applied towards winding-up expenses and liabilities in such manner as the Winding-up Committee may direct, consistent with applicable law and Government directions. (2) Any transfer of leasehold assets shall be subject to applicable norms. 6. Employees and Terminal Benefits (1) The pay, service conditions, redeployment, retirement benefits, pension/GPF/NPS and all terminal dues of employees of DFC shall be dealt with in accordance with applicable rules, notifications, Government instructions and legal advice, and subject to availability of funds.6 DELHI GAZETTE : EXTRAORDINARY PART IV] (2) No action prejudicial to employees shall be taken except in accordance with law and due process. 7. Continuation of Legal Proceedings All proceedings by or against DFC pending before any court/tribunal/authority shall continue and be dealt with by the Winding-up Committee through authorised officers, and DFC shall remain the entity for such purposes until final dissolution. 8. Final Dissolution Upon completion of winding-up and settlement/transfer of residual assets and liabilities, the Hon'ble LG may issue a further notification declaring the final dissolution of DFC and such consequential directions as may be necessary. By Order and in the Name of the Lieutenant Governor of the National Capital Territory of Delhi, SHURBIR SINGH, Secy. (Finance) Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.