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Administration Manual - B.E.S.T. Undertaking.

Administration Manual - B.E.S.T. Undertaking.

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734<br />

scholarships with interest at 6% per annum in case the scholars<br />

abandon studies without first giving reason to the satisfaction of the<br />

Scholarship Committee.<br />

RULE No.13<br />

The <strong>Undertaking</strong> shall have the right of withdrawing the Scheme at any<br />

time without assigning any reason.<br />

RULE No.14<br />

In all matters whether provided for in the above rules or not the<br />

General Manager’s decision shall be final.<br />

5.9.6.2 PROCEDURE FOR CHECKING :<br />

Following procedure is being followed while preparing scholarship<br />

payment advice so as to overcome the difficulties faced by the<br />

Audit/Welfare Department.<br />

1] The payment advice be prepared in triplicate.<br />

2] Original payment advice plus (duplicate) copy long with<br />

fee receipts/attendance certificate should be sent to<br />

AIA/EDPM.<br />

3] Third copy be retained as office copy.<br />

4] The reference no., date and academic year should be<br />

written on the payment advice.<br />

5] The eligibility letter (corrigendum) should be obtained<br />

from Welfare Cell for all ‘STPC’ (subject to production of<br />

certificate) cases.<br />

6] The payment advices should not be initiated for STPC<br />

cases before obtaining eligibility letter (corrigendum)<br />

from Welfare Cell.<br />

7] The payment advice should accompany only tuition fee<br />

receipts or attendance certificate as applicable in each<br />

case. The mark-sheets should not be attached to the<br />

payment advice.

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