1991-92 - Birbal Sahni Institute of Palaeobotany

1991-92COMMENTS TO BE READ WITH REFERENCE TO ANNEXURE I1. Need no comments.ON PAGE 1332. The offer of the cost of NELCO EPABX system had taken into accountthe value of Rs. 20,000.00 of the old UPTRON EPABX system under thebuy back scheme. Formal sanction of the competent authority has sincebeen obtained (Finance & Building Committee meeting dated July 29,1992 and Governing Body meeting dated July 30, 1992).3. The balances in the Accounts of Projects, Seminars, etc. are to be refundedto the respective sponsored funding authorities and do not accrue to theInstitute. These are time bound one time activities whose accounts aredistinct and separate from that of the Innitute. Assets created on suchprojects remain the property of the sponsoring agencies till such tilllespecific authorisation transferring the same in favour of the Institute isreceived.4. Necessary accounting entries have since been carried out.5. The matter is being vigorously pursued with the C.P.W.D., Lucknow toensure expeditious settlement.6. Records maintained for Library advances have been seen by the Finance& Building Committee held on July 29, 1992 and will be shown to auditors.7. The matter is being pursued with the C.P.W.D.