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Circular Approval Bureau
Circular Approval Bureau
(APPROVAL BUREAU)
Sub : Formulation of Policy / Guidelines for Speedy / Smooth Release of |oint FDR / RPGF to the
Institute / Societies - regarding.
The above mentioned agenda item alongwith the Report of the Standing Committee (copy annexed)
for formulation of Policy / Guidelines for Speedy / Smooth Release of Joint FDR / RPGF to the Institute /
Societies was placed before the Council at its 43.a Meeting held on September L6, 201,5 at AICTE
Headquarters, Chanderlok Building, New Delhi. The Council considered the above mentioned item at S.No.
43.03.08. The Council deliberated and approved the recommendations of the Committee and for immediate
implementation of the same.
As per the Report of the Standing Committee (copy enclosed at Annexure-l), Regional Officer
concerned shall initiate necessary process for release of FDR / RPGF suo motto, excepting the cases where
complaint is under investigation relating to misappropriation / defalcation f embezzlement of money by the
Institute / Society or Trust are involved. In such cases, the complaint / complaints should be disposed off at
the earliest, say within three months, on receiving the same. It should be ensured that it is strictly followed.
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s The Vigilance Cell and the Complaint Cell will prepare the lists of the institutions against which
complaints relating misappropriation / defalcation f embezzlement of money by the Institute / Society or
Trust are pending and /or under investigation and forward the same to all the Regional Offices immediately
(- for processing ofthe cases for release ofFDR / RPGF by the concerned Regional Offices. Further any updates
in these lists shall be communicated by Vigilance Cell and Complaint Cell to all the Regional Officers by the
end of every month.
Ai regards, suggestions under para vi. of Annexure (Putting in place a review mechanism for FDRsJ
in the Report of the Committee, the modalities will be worked out separately.
All the concerned Bureaus are hereby notified to take immediate steps for implementation of
Committee recommendations to enable to release all pending FDRs / RPGFs.
This has the Approval of the Competent Authority on page No. 12-14/N.
W
Afvisor-II
(Approval Bureau)
iii. Caseswhere the Socie$r / Trust / Company is running mord than one
Technical Institution :-
In a case where the Society / Trust / Company is running / managing more
than one institutions and allegation of financial irregularity is against only one
institution, the release of such deposit / deposits of other institutions against
whom there is no such allegation should be made on maturity / expiry of term
period without waiting for the outcome of the result in the complaint.
iv. Institution withdrawing FDR / RPGF before maturity period:-
Such action amounts violation of the norms and the conditions, as such, action
may be taken against the institute like other cases relating to violation of norms
/ conditions. In other words after giving a show cause notice, the matter be
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placed before Standing Appellate Committee [SAC) / Standing Complaint
Committee [SCC) as per Approval Process Handbook [APH).
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