GOVERNMENT OF PUNJAB

1 · . Short title and commencement : -

2 · . Definitions – In these rules , unless there is anything repugnant in the subject or context -

3 · . Salary and Allowance of Chairman , Managing Director and nominated Directors .

4 · . House – Rent Allowance -

5 · . Telephone facilities–Telephone facilities shall be provided in office as well as at the residence of the Chairman and that of the Managing Director in accordance with the guidelines/instructions issued by the Government from time to time . The total number of local calls from the residential telephone shall not exceed 3 , 000 per quarter of the year . The cost of private trunk calls shall , however , be recovered from them .

6 · . Conveyance – The Chairman and the Managing Director shale each be provided with a Staff car along with a driver for journey on official tours and for official local use and the use of such a staff car shall be regulated in accordance with the Traveling Allowance Rules applicable to Director as specified in Sub Rules (2) of Rule 8 .

7 · . Medical Facilities -The Chairman and the Managing Director shall be entitled to such medical facilities for themselves and for the members of their families as are , from time to time , admissible to the employees of the Government of their status .

8 · . Traveling Allowance and Daily Allowance –

9 · Leave and Leave Salary-

10 · . Circumstance under which Chairman Managing Director and nominated Director may be removed -The Government may at any time remove the Chairman , Managing Director and

11 · . Procedure for recovery of amount due to the Corporation – The Managing Director shall make an application to the Sub-Divisional Officer (civil) in whose jurisdiction the defaulter resides or carries on business or owns any property stating that a particular amount has fallen due to the Corporation from the defaulter named in the application and that the said amount has not been paid to the Corporation as per terms and conditions of the agreement entered between the defaulter and the corporation . The Sub -Divisional Officer (Civil) shall after giving the defaulter an opportunity of being heard determine , by an order , the amount due to the Corporation .

12 · . Recovery Certificate -On receipt of the order made under rule 11 , the Managing Director shall grant a certificate in Form ' A ' appended to these rules and the Collector of the district in which the defaulter resides or carries on his business or owns any property shall proceed to recover the amount from the defaulter as arrears of land revenues .

13 · . Financial Institutions -The financial institutions for the purposes of priority of charge under section 21 of the Act shall be as follows namely:-

14 · . Books of account to be kept by the Corporation -

15 · . Inspection of books of account , etc .

16 · . Annual accounts and balance sheet – (1) The Managing Director shall , not later than three months after the close of the financial year , before the Board of Director: -

17 · . From and contents the balance sheet and profit and loss account-

18 · . Authentication of balance sheet and profit and loss account . – Every balance sheet , and every profit and loss account of the Corporation shall be signed be signed on behalf of the Board of Director by the Financial Controller and by not less than two Director of the Corporation , one of whom shall be the Managing Director , before these are submitted to the auditors for their reports thereon .

19 · . Profit and loss account to be annexed and auditor ' s report to be attached to balance sheet The profit and loss account shall be annexed to the balance-sheet and auditor ' s report( including the auditors separate , special or supplementary report , if any) shall be attached thereto .

20 · . Board ' s Report-

3 · . The board shall also be bound to give the complete information and explanation in it report as aforesaid , in an addendum to that report , on every remark contained in the auditors report .

4 · . The board ' s report and any addendum thereto shall be signed by its Chairman if he is authorized in that behalf by the Board; and where he is not so authorized shall be signed by two " Director authorized by the Board " .

2 · . Under the Punjab Ex-Servicemen Corporation Act , 1978 , the said sum is recoverable by you as if it were an arrear of land revenue , which had accrued in your own district . You are hereby requested to recover it , and remit it to office at … … … … … … … … … .

2 · . This issues with the concurrence of the Department of Finance conveyed vide ID . No . 17/75/98 -3FE -6/12 , dated 14 . 06 . 1999 ,

13 · , 1999

1 · . Accountant General (A&F) Punjab , Chandigarh

2 · . Accountant General (Audit) , Punjab Chandigarh

2 · . The Pay Scales are revised with effect from the First day of January , 2006 in accordance with Government of Punjab , Department of Finance Notification No . 5/10/2009 -5FP -1/207 dated 27 th May , 2009 .

18 · May , 2010