Bare ActsThe Madhya Pradesh Housing and Infrastructure Development Board (Conduct of Business and Delegation of Powers) Regulations, 2015

Section 3

Full Powers for Division/Estate 71 Officer Office and subdivision Offices under their jurisdiction

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Full Powers for Division/Estate 71 Officer Office and subdivision Offices under their jurisdiction. 13 Return of fund received for execution of deposit works in case of non execution of work as ordered by competent authority Chief Accounts Officer Full Powers 14 Approval of Agreement / Memorandum of Understanding with Banks/Financial Institutions /HUDCO for Fund Management, Project financing , financing for Beneficiaries etc. Housing Commissioner Full Powers 72 Subsection - C - Resource Mobilisation Sr.No Nature of Power Authority Limits 1 Sanction to take Loans for projects Board of Directors Full Powers 2 Sanction to take short term / medium term loan for cash management against Deposits Housing Commissioner Full Powers 3 Signing of Agreement for sanctioned Loan. Chief Accounts Officer Full Powers with joint signature of Addl. Housing Commissioner of the scheme. 4 Pre payment for closure of sanctioned loan. Housing Commissioner Full Powers 5 Sanctioning of loan processing charges and other incidental charges. Chief Accounts Officer Full Powers 6 Decision to apply for Rescheduling/ restructuring of loan. Board of Directors Full Powers 73 Sub-Section - D- Cashbook /Main Ledger / Subsidiary Ledger / MRB and Bank reconciliation /Balance Sheet Sr.No Nature of Power Authority Limits 1 Preparation / up keeping / Checking of Cash Book / all Accounts Ledgers /Registers for Head Office

Section 3 – The Madhya Pradesh Housing and Infrastructure Development Board (Conduct of Business and Delegation of Powers) Regulations, 2015 | DailyLaw.ai