This Gazette may contains Multiple Subjects

The Gazette of India

PUBLISHED BY AUTHORITY

No. 20] NEW DELHI, SATURDAY, MAY 19, 2001 ( V A I S A K HA 29.1923)

(Separate paging is given to this Part in order that it may be filed as a separate compilation)

[PART III—SECTION 4]

[Miscellaneous Notifications including Notifications, Orders, Advertisements and Notices issued by Statutory Bodies]

( 3101)

2—69 GI/20013 1 10 3111 3 1 133114 3 1 15 3 1 163117 3—69 GI/20013118 3119 3120 3121 3122 3i233124 3125 4—69 GI/20013126 3127 3129 3130 3 1 313132 3135 3—69 GI/20013136 3131 1136 3137 3138 3 1 393140 3141 6—69 GI/20013142 3143 3144 3 1 453146 3147 3148 7—69 GI/20013150 3151 3152 3153 3154

315.1

8—69 GI/2001 3 1 583159 3260 3161 3162 3163 3164

9—69 GI/2001

3 1 673168 .11693170 3171 3172 3173 10—69 GI/20013174 3175 3176 3177 3178 3179 3180 3181 ] 1—69 GI/20013182 3183 3184 3185 3186 3187 3188 3189 12—69 GI/20013190 3 1 913192 3193 3194 3195 3196 3197 13—69 GI/20013198 3199 3200 3201 3202 PART III—SEC 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) 3203

INDIAN OVERSEAS BANK

CENTRAL OFFICE

CHENNAI

Chennai Dated the 23rd April 2001 No, IRD/184/ 19 In exercise of the powers conferred by section 19 of the Banking Companies (Acquisition and Tiiuisfor of Undertakings) Act, 1970 (5 of 1970), tho Board of Indian Overseas Bank in consultation with the Reserve Bank of India and with the previous sanction of the Central Government, hereby makes the following Regulations to amend the Indian Overseas Bonk Officer Employees' (Conduct) Regulations, 1976 namely,-

1. (i) The^e Regulations may be called the Indian Overseas Bank Oltieer Employee?¹ (Conduct) Amendment Regulations. 2001.

(ii) ' They shall come into force on the dale of their publication in the "Oiiicial Gazette",

2 In the Indian Overteas Bank Officer Employees' (Conduct) Regulations 1976 - (0 in regulation 3, for sub-regulation (1), the following shall be substituted, namely-

"(1) Every officer employee shall, at all times take ail possible steps to

ensure and protect the interests of the bank and discharge his duties with

utmost integrity, honesty, devotion and diligence and do nothing which is

unbecoming of an officer employee ".

(ii) in regulation 3, after sub-regulation (3), the following proviso shall be inserted, namely:-

"pwvided wherever such directions are oral in nature the same shall be

confirmed in writing by his superior official".

(iii) in regulation 6, in sub-regulation (1), for the existing proviso, the following shall be substituted, namely:-

"provided that an officer employee may, without such sanction undertake

honorary work of a social or charitable nature or occasional work of a

literary, artistic, scientific, professional, cultural, educational, religious or

social character, subject to the condition that his official duties do not

thereby suffer but he shall not undertake or shall discontinue such work if

so directed by the competent authority after recording r&ft&ns for the

same ".

(iv) in regulation 6, for sub-regulation (4), the following shall be substituted, namely:-

"(4) No officer employee shall accept any payment, in the form of fee,

remuneration, honorarium and the like in cash or kind for any work done

by him for any public body or any private person without the sanction of

the competent authority".

(B. SWAJVtlNAIHAN) GENERAL MANAGER Foot Note :- The amendments to the Principal Regulations were published in the Gazette of India as per details given below:-

Sl.No.

Notification No.

Dated

1.

50

10.12.1988

2.

41

14.10 1989

3.

41

14.10.1989

4.

29

16.07.t994

5.

29

16.07.] 994

6.

29

16.07.) 994

7.

8

24.01.;i001PART III—SEC. £] T HE G A Z E T TE OF INDIA, M AY 19, 2001 (VAISAKHA 29, 1 9 2 3; <>'i<3 Allahabad Bsnk Head Office,

2, Netaji Subfaas Road

KOLKATA-700 001

No. HO/LEGAL/0091. In exercise j^tht r / ^n co_.?e rri \

Section 19 read with Sub-Section (2) of Section 12 of the Banikifig Companies (Acquisition and Transfer of Undertakings¹! Act, i"7Q tf> ,,f 1970), the Board of Directors of Allahabad Bank in consultation with the Reserve Bank of India and with the previous sanction of tLc f^*™'-*il Government, hereby makes the following Pegulatio0s to am^itd further tlbe Allahabad Bank Officer Employees* (Discipline and Appeasj Keguiauoa:"r 1976 namely :-

1. g f j Q R T J j T I ^ g , ^^ COMMENCEMENT

(1) These Regulations may be called Allahabad Bank Officer Employees' (Discipline and Appeal) (Amendment) Regulations, 2001.

(2) They shall come into force on the date of their publication m the Official Gazette.

2. In the Allahabad Bank Officer Employees' (Discipline & Appeal) Regulations, 1976,

(a) for Regulation IS, the following regulation shall be substituted namely:-

"18 Review :

Notwithstanding anything contained in these Regulations, the Reviewing Authority may at any time within six months from the date of the final order, either on his own motion or otherwise review the said order, when any new material or evidence which could not be produced or was not available at the time of passing the order under review and which has the effect of changing the nature of the case, has come or has been brought to his notice and pass such orders thereon as it may deem fit:

Provided that -

14—69 GI/2001

(i) if any enhanced penalty, which the Reviewing Authority proposes to impose is a major penalty specified in clauses (f), (g), (h), (I) or (j) of Regulation 4 and an enquiry as provided under regulation 6 has not already been held in the case, the Reviewing Authority shall direct that such an enquiry be held in accordance with the provisions of regulation 6 and thereafter consider the record of the enquiry and pass such orders as it may deem proper;

(ii) if the Reviewing Authority decides to enhance the punishment but an enquiry has already been held in accordance with the provisions of regulation 6, the Reviewing Authority shall give show cause notice to the officer employee as to why the enhanced penalty should not be imposed upon him and shall pass an order after taking into account the representation, if any, submitted by the officer employee.

(b) For the existing Schedule, the following Schedule shall be

substituted, namely :-

Scale VI

Board

Executive

Director or in

his absence

Chairman &

Managing

Director.

Chairman & Managing Director or in his absence or in case he is functioning as Disciplinary Authority, Committee of Board.

Scale VII

Board.

Committee of Board

Chairman &

Managing

Director or in

his absence

Executive

Director

(R. L. Batta )

Asstt. General Manager (Law)

Foot Note :- Earlier amendments to the above Regulations and the Schedule to Allahabad Bank Officer Employees* (Discipline & Appeal) Regulations, 1976 were published in the Gazette as per details given below.

SI. No.

Notification No.

Dated

1. 2. 3. 4. 5

Legal/1/89

HO/Legal/430

HO/LegaI/876

HO/Legal/056!

HO/Lega!/ 0053

12/06/1989 21/11/1997 16/03/1998 29/06/2000 24-04-2001208 THE GAZETTE t)F INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) [PART HI—SEC. 4

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA

NEW DELHI: DATED : 8* May, 2001

(Chartered Accountants)

No.l~CA(7)/53/2Q01: In exercise of the powers conferred by clause (ii) of Part II of the Second Schedule to the Chartered Accountants Act, 1949, the Council of the Institute of Chartered Accountants of India hereby specifies that a member of the Institute in practice shall be deemed to be gui!t> cf professional misconduct, if he holds at any time appointment of more than the "specified number of audit assignments" of the companies under Section 224 and/or Section 228 of the Companies Act, 1956.

I rovided that in the case of a firm of chartered accountants in practice, the "specified number of 'indit assignments" shall be construed as the specified number of audit assignments for every partner of me Urn.

Provided Tmthei that where any partner of the firm of chartered accountants in practice is also a partner of an) other firm or firms of chartered accountants in practice, the number of audit assignments which may be taken for all the firms together in relation to such partner shall not exceed the "specified number of audit assignments " in the aggregate.

Provided further that where any partner of a firm or firms of chartered accountants in practice accepts one or more audit i'ssiiinmenis in hi.s individual capacitv, or in the name of his proprietan ~-rm, the total number of such assignments which may be accepted b> all firms in relation to such chartered accountant and by him shall not exceed the "specifed number of audit assignments " in The aggregate.

Explanation: 1. I or the above purpose, the "specified number of audit assignments " means-

(a) in the case of a chartered accountant in practice or a proprietary firm of chartered •'.cc'Mnttnt thirty audit assignments whether in respect of privatevcompanies or oiher Companies.

Co, in the case of a firm of chartered accountants in practice, thirty audit assignments per partner in the firm, whether in respect of private companies or other companies

Provided that out of such "specified number of audit assignments", the number • i" " . . J , 'T a s s i g n m e n ts of p u b l ic c o m p a n i es e a ch of w h i ch h as a p a i d - up s h a re

capital of rupees t\\ent\-five lakhs or more, shall not exceed ten.

2 In computing the "specified number of audit assignments ",

(a) the number of such assignments, which he or any partner of his firm has accepted whether singly or in combination with any other chartered accountant in practice or firm of such chartered accountants, shall be taken into account

(b) the audit of the head office and branch offices of a company by one chartered accountant or firm of such chartered accountants in practice shall be regarded as one audit assignment

(c) the audit of one or more branches of the same company by one chartered accountant in practice or by firm of chartered accountants in practice in which he is a partner shall be construed as one audit assignment only

(d) the number of partners of a firm on the date of acceptance of audit assignment shall be taken into account

(e) a chartered accountant in full time employment elsewhere shall not be taken into account

"5 This notification shall come into force from the date of its publication in the Official Gazette 4 A chartered accountant in practice as well as firm of chartered accountants in practice shall maintain a record of the audit assignments accepted by him or by the firm of chartered accountants or b) an\ of the partner of the firm in his individual name or as a partner ot any other firm as fai as possible, in the following format

S No

Date of

Appointment

Registration Number

Date of Acceptance

Name of the Compain /Audit Assignment

Date on which 1 orm 23-B filed with Registrar of Companies

?

1

4

6

Dr. Ashok Haldia Secretary3210 THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1921) [PART III—SEC 4 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA P.B. NO.7100. I P. MARG. NEW DELHI 110 002

JI/5/2Q01

(CHARTERED ACCOUNTANTS)

No.29-CA/Law/D-45/2001: In exercise of the powers conferred by sub-Section (2) of Section 20 of The Chartered Accountants Act, 1949 read with Regulation 18 of the Chartered Accountants Regulations, 1988, it is hereby notified by the Council of the Institute of Chartered Accountants of India that the Ho/i'ble High Court of Madras has, in pursuance to Section 21(6)(c) of the said Act, in Chartered Accountants Reference case No.7/91, ordered on 7th November, 2000 that Shri Jasraj Singhvi, FCA, 77, Narayana Mudali Street, (1⁸t Floor), Chennai 600 079 (M.No.14963) shall be suspended from practice for a period of one month by removing his name from the Register of Members for that period for having been found guilty of professional misconduct under Section 21 read with Section 22 of the Chartered Accountants Act, 1949 and clauses (7) & (8) of Part I of the Second Schedule to the said Act. According v, it is hereby informed that the name of the said Shri Jasraj Singhvi shall stand removed from the Register of Members for a period of one month w.e.f. 15th June, 2001. During that period he shall not practise as a Chartered Accountant in terms of the said order of the Hon'ble High Court of Madras.

(Dr. Ashok Haldia) SecretaryPART III—SEC. 4] THE GAZE 2 OF INDIA, MAY 19, 2001 (VAISAKHA /y, 1 Xl\ 1 No.29-CA/l_aw/D-46/2001: In exercise of the powers conferred by sub-Section (2) of Section 20 of The Chartered Accountants Act, 1949 read with Regulation 18 of the Chartered Accountants Regulations, 1988, it is hereby notified by the Council of the Institute of Chartered Accountants of India that the Hon'ble High Court of Madras has, in pursuance to Section 21(6)(c) of the said Act in Chartered Accountants case No.9/91, ordered on 28th September, 2000 that Shri Chandanmal Jain, FCA, 327, Mint Street, llnd Floor, Chennai 600 003 (M.No. 19050) shall be suspended from practice and his name be removed from the Register of Members for a period of three months for having been found guilty of professional misconduct under Section 21 read with Section 22 of the Chartered Accountants Act, 1949 and clauses (7) & (8) of Part I of the Second Schedule to the said Act. Accordingly, it is hereby informed that the name of the said Shri Chandanmal Jain shall stand removed from the Register of Members for a period of three months w.e.f. 15th June, 2001. During that period he shall not practise as a Chartered Accountant in terms of the said order of the Hon'ble High Court of Madras.

(Dr. Ashok Haldla) Secretary j z l2 - • i GA . OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) [PART III—SEC, 4 • • • ^ -* . — -—— • — • i *r<) • • • • "•"— — • ——" • •"—~ - • " fCrfhpur-208 0

3CCA(8) (2) /2000 - 2001 In pursuance of Clause (iil) of Regulation 10 (i) of the Chartered Accountants Regulations, 1988 It is

hereby notified that the Certificate of Practice Issued to the following members have been cancelled with effect from the dates

mentioned against their names, as they do not desire to hold their Certificate of Practice.

MRN

S. No.

S. No.

Nome & Address Date

Name & Address Date

MRN

048096

L

8.

008882

Mr AGARWAL 01.06.00

SUDHIR ACA

No 2 SFBAK BAIDYA STR££l

NEAR. HAZ/ RA RICHIE

ROAD CROSSING

CALCUTTA - 700029

9.

052365

Mr. KHANDELWAL 17.01.00

BANKE BEHARI FCA

CIO VINAYAK

DISTRIBUTOR

34/43 KIRAN PATH

MADHYAM MARG

NEAR SPRINGFIELD SCHOOL,

MANSAROVAR

JAIPUR - 302020

27.03.00

2.

009014

Mr. SHYAM 31.05.99

SUNDER FCA

LOTUS/33

ASHIANA GARDENS

SONAR1

JAMSHEOPUJR - KJHwl

Mr. SHUKLA ASHWANI

KUMAR FCA

16.-77 A CIVIL LINES

KANPUR • 208001

10.

058173

3.

05.19.99

013125

Mr. AGRAWAL 01.01 I>0

DEEPAK KUMAR FCA

H. No. 6 - 3 - 12 - 127/1

BANK COLONY

KHAMMAM - 507002

11.

058801

Mr. PALSANTYA

RAJ NARAYAN FCA

69/378 KARUN VILLA

MADHYAM MARG

MANSAROVAR

JAIPUR - 302020

4.

017052

01.04.00

Mr. MODI RAMJI

LAL FCA

DUTTA COLONY

BANARAS CHOWK

AMBIKAPUR - 497001

01,04.00

5.

017104

Mr. MISHRA NAGENDRA 01.04.00

KUMAR ACA

ROOM No. S-13

NARMADA BHAWAN

NATIONAL THERMAL POWER

CORPN. LTD.

VINDHYACHAL SUPER THERMAL

POWER PROJECT

DT SIDHI

VINDHYA NAGAR - 486885

12.

059370

Mr. JAJU RADHEY

SHYAM FCA

C/O MAHESH CO OP

BANK LTD.

MARKET YARD

GULTEKDI

PUNE - 0

Mr. MAWANDIA PRADIP 25.05.00

KUMAR ACA

ABHAY BHAWAN

5TH FLOOR

FRASER ROAD

PATNA - 1

03.05.00

6.

017459

13.

070665

Mr. MITTAL SUSHIL

KUMAR ACA

P-,20 SECTOR XI

NOIDA - 201301

Mr. KOTHARI PRAKASH 01.09.00

CHAND FCA

326 GURU NANAK PURA

JAIPUR - 302004

7.

036486

14.

070715

Mr. PALIWAL JAGDISH 03.06.00

CHANDR FCA

24 C SEVA SARDAR NAGAR

NEAR GEETA BHAWAN

INDORE - 452001

Mr. BIRLA KAILASH 10.05.00

CHAND ACA

MAHESHWARI VASTRA

BHANDAR

OLD CHARBHUJA TEMPLE

MERTA CITY

DIST NAGAUR - 341001

s. No. MRN

S.

Name & Addreaa Date

No. MRN

Nuitic & Kiiiinss DHtc

Mr. AG'RAWAL

SANJA'i FCA

F-3404 RAJAJI PURAM

MITRH MARG

LUCKNOW - 226017

072894

24.

31.01.01

Mr. BIRLA OM 01.04.00

PRAKASH FCA

202 CHOSE HOUSE

SHEETAL BANK

SOCIETY

C G ROAD

OPP. ROYAL SWEET MART

AHMBDABAD • 380006

, BANK 071477

16.

Mir. AGRAWAL

SHIARAD FCA

OP P. PUNJAB NATIONAL

NAYA BAZAR

GWALIOR - 474009

072988

25.

Mr. ARORA MANBK 09.01.01

SINGH ACA

T 29 SECTOR 5

JAWAHAR NAGAR

JAIPUR - 302004

17. 071625

Mr. KHANDELWAL 01.04.00

CHANDRA PRAKASH FCA

112-114 MANAS BHAWAN

U R N T MARG

INDORE - 452001

2t".

073114

01.04.00

Mr. MEHROTRA SATYA 14.12.99

VRATA FCA

INCOME TAX APPELLATE

TRIBUNAL

CENTRAL GOVT. OFFICES

4TH FLOOR

101 MAHARISHI KARVE

ROAD

BOMBAY - 400020

Mr. ATUL

MITTAL FCA

FLAT No. 202

KEDIA VILLA

#59 100 FEET ROAD

INDIRA NAGAR

BANGLORE - 560038

18.

071936

27.

073826

02.08.99

Mr. AGARWAL VIPIN 01 04.00

KUMAR FCA

117/708 Q BLOCK

SARDA NAGAR

KANPUR - 208025

19.

072033

Mr. SUR RATHINDRA 29.05.99

NATH ACA

VIDYAPATI NAGAR

KUNKEROAD

RANCHI - 834008

Mr. GUPTA

SUNIL KUMAR FCA

FLAT No. 12 SEEMANT

VIHAR

KENDRIYA KARMCHARI

AYAM MiTRA SEHKARI

AWAS SAMITI

OPP. SUMAN PETROL

PUMP

SECTOR - 14 DIST GZB

KAUSHAMBI • 201010

20.

072074

28.

073928

01.04.00

Mr. AGARWAL 151.12.99

RAJENDRA KUMAR FCA

HIF - 224 NEHRU NAGAR

RAKESH MARG

GHAZIABAD - 201001

Mr. BANERJI

AMITABH FCA

6 DR B N VERMA MARG

LUCKNOW - 226018

072228

21.

29.

074040

01.04.00

Mr. KHANCHI 01.04.00 PRAVEEN KUMAR ACA 5 RAJIV COLONY CHITTORGARH

072524

22.

Mr. MEHTA ANIL 01.04.00

Mr. ZABAKH RAJENDRA

KUMAR ACA

2 BANJARA COLONY

NEAR RPS COLONY

VALLABH NAGAR

KOTA - 324007

30.

074407

30.05.00

Mr. SARDA GOVIND

PRASAD FCA

P. O. B. 5021

SHARJAH

UAE

KUMAR FCA

HEAD-FINANCE A

ACCOUNTS

LAT CASE EQUIPMENT LTD.

157 SECTOR - 3

INDUSTRIAL AREA

DISTT. DHAR

PITHAMPUR

15—69 Gl/20013214 THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, ! 9 ^) [PART III—SEC. 4 S. No . MRN

Nume A AritllVN* Dull-

Niiine & AUUIYSS Dnlc

S. Nn

>. MUN

Mi. SINGH SUNIL

KUMAR FCA

242/1, KIDWAI NAGAR

BABU PURWA COLONY

KANPUR - 208001

40.

075329

Mr. GOYAL SURENDRA 28.10.00

KU1WAR FCA

99 ASHOK VIHAR

EXTENSION

NEAR RAILWAY CROSSING

GGPALPURA BYE PASS

JAIPUR - 302015

074547

32.

Mr. GARG 04.10.00

SAr Y ACA

3 KANWALI ROAD

C/O LAXMI TRADING CO.

DEHRADUN • 248001

41.

rv7<379

Mr. AVNEESH 28.05.99

MAKKAR ACA

C/O Mr. J. C. MAKKAR

3/93, JAWAHAR NAGAR

JAIPUR - 302001

33.

074554

Mr. MANOJ 14.01.00

KUMAR ACA

175, RACHANA NAGAR-IV

B/4 GEB KASAK

BHAI AUCH-392001

31.05.00

42.

075530

Mr. RAJENDRA

VIJAY ACA

5/385, AGRAWAL FARM

MANSAROWAR

JAIPUiy - 302020

43.

075783

01.10.00

Mr. RAJESH 01.04.00

KUMAR ACA

ASTT. GENERAL MANAGER

(ACCOUNTS & MIS)

M/S PRISM CEMENT LTD.

(A/C DEPTT.)

VILLAGE MANKAHARI

POST OFFICE BATHIA

TEHS.~ RAMPUR

BAGHLLAN

SATNA - 485111

3-4.

1718

Mr. AROR/. P R A ' M OD

KUMAR /CA

90 RAVIKDRA GARDEN

SECTOR 3 ALfGANJ

EXTENSION

LUCKNOW - 226001

Ms. AGRAWAL 26.08.00

SANGEETA ACA

47 PRAKA5H NAGAR

NAVLAKHA

. *DC . j; - 452001

27.12.00

44.

075897

074972

35.

Mr. MISHRA ASHWANI 31.03.00

KIJMAR FCA

u-J "5, SHYAM NAGAR

PO C.O.D.

KANPUR . 208013

Mr. GUPTA

SURENDRA KUMAR FCA

2 KA 24 KAMLA NEHRU

NAGAR

AJMER ROAD

JAIPUR - 303011

36.

45.

075083

25.03.00

075986

Mr. PARASHAR

SHARWAN KUMAR FCA

10-B-2 ZINC PARK

MOTI MAGRI SCHEME

UDAIPUR - 0

46.

Mr. AGRAWAL MAHAVIR 01.08.00

P r \ S AD FCA

C/O M/S SURESH KUMAR

DHARAM CHAND

GANGORI BAZAR

D1STT. TONK

NEWAI - 304021

076074

01.12.00

37 , 075144

Mr. ADITYA

KUMAR FCA

A/301 RAJKISHORI

COMPLEX

CHITRAGUPTA NAGAR

KANKERBAGH

PATNA - 800020

Dr. GUPTA OINESH 01.04.00

CHANDRA ACA

15/3 SHIVSHAKTI NIWAS

RAM TAKRI

MANDSAUR - 458001

0*5158

10.03.00

47.

076344

Mr. GOEL NEERAJ 18.0tt.00

KUI-iAR FCA

Ui DEFENCE ESTATE

.GRA - 282001

Mr. AGRAWAL MADHO

PRASAD ACA

NADU MOHALLA

PATHWARI KE PASS

BHARATPUR - 321001

Name & Address

S. No. MRN Name & Address Date

Date

S. No. MRN

i

22.08.00

57.

076692

22 08.CD

48.

076263

L PREMRAJKA ALOK KUMAR FCA ASHA 9TH AVENUE SOUTH P.: IK BISTUPUF JAMSHEDPUR - 834001

Mr. GUPTA V1JAY

KUMAR ACA

H. No. 62 B 2/B 99

GAIL VIHAR

SECTOR 1

DISTT G B NAGAR

NOIDA

i9.

076289

01.04.00

58.

0768?9

Mr. APTE ARUN

AMOL ACA

5 G K APARTMENTS

CONTRACTORS AREA

ROAD No. 1

JAMSHEDPUR - 831001

50.

076381

111.04.00

Mr. TAPARIA SUNIL 01.11.00

KUiv^U AC>

C/O TAPARIA FIREWORKS

FACTORY

SANJAY GANDHI CHOWK

STATION ROAD

RAIPUR - 492009

Mr. LAL RAJESH

KUMAR ACA

D-ll/4 ADITYA CEMENi

CHITTORGARH - 312612

59.

""f<922

31.12.99

51.

076402

Mr. AGRAWAL V I J AY

KUMAR ACA

113 KAMANI CENTRE

MAIN ROAD BISTUPUR

JAMSHEDPUR - 831001

Mr. JAIN KAMAL 01.05.00

KUMAR FCA

DEEP KUNJ

48 PREM PURI

MUZAFFARNAGAR - 251002

CO.

077210

52.

076450

04.08.00

Mr. JAIN 29.05.99

SAMEER ACA

281 HAWAMAHAL BAZAR

NEAR DEEN DAYAL

MEDICAL HALL

JAIPUR - 302002

Mr. TYAGI

V1NEET FCA

S/O SRI N P S TYAGI

1? KIRAN ENCLAVE

MODEL TOWN

GHAZIABAD - 201009

61.

077271

Mr. GOEL

01.04.00

53.

076504

21.12.99

N E E R AJ ACA

KM-173 KAVI NAGAR

GHAZfABAD - 201002

62.

077340

26.02.00

Mr. MATHUR

TANUJ ACA

HOUSE No 584

POCKET E

MAYUR VIHAR PAHSE n

DELHI - 110091

M-. VIVEK

KUMAR ACA

154 PAKKI MORI

GHAZIABAD - 201001

54.

076517

31.02.00

63.

077680

01,04.00

Mr. NIGAM

ANUJ ACA

51 PA,;CHMAHAL APTTS

47 I P EXTENSION

DELHI - llr™>2

iR Mr. MAHESHWARI MUKESH ACA L-190 L 1 G COLONY VEER SARVARKAR NAG/ DHAR - 454001

55.

076630

16.08.0"

.•4.

077715

07.07.00

MR. BHATT VINOD

KUMAR ACA

BHATT BHAWAN

V/P AJEETGARH

HIST SIKAR

"?W R - 332701

S Mr. MAHESHWARI GAJENDRA ACA 1 RAMBARI JALORI GATE NEAR ABHAY CHAMBER JODHPUR - 342003

56.

076679

15 03.0-

077890

65.

01.04.00

Mr. BANERJEE

SANJE:" ACA

"ABHILASHA"

15/113 I DIRA NAGAR

LUCKNOW '6016

Mi. SAIFI

^LlSTAQ A ll ACA

146-A, KOH E FIZA

SHK 1AR APARTMENTS

FLAT No. 5

BHOPAL

Name & Address Date

S. No.

MRN Name & Address Date

MRN

S. No.

76.

078731

31.03.00

66.

077933

Mr. AGARWAL

ARUN KUMAR ACA

41/95, MANSAROVAR

JAIPUR

67.

078127

17.08.99

Mr. SETH 01.04.00

DEEPANKAR ACA

ELITE STOCK MANAGE-

MENT LTD.

S 8 DDA SHOPPING

COMPLEX

MAYUR*VDUR

PHASE I

DELHI - 110091

Mr. JAIN AJIT ACA

PYADA TOLI

MAHAVEER CHOWK

RANCHI - 834001

078)909

77.

68.

078168

01.04.00

Mr. JAIN NITIN ACA

SHREE DIGVUAY

CEMENT CO. LTD.

ACCOUNTS DEPT.

DIGVIJAYGRAM

JAMNAGAR - 361140

Mr. BHALA 01.04.00

JAIDEEP ACA

H. No. 4336 NAHAR GARH

ROAD

NEAR NEEMRI KA POLICE

THAN A

JAIPUR - 302001

69.

078262

02.05.00

78.

078879

Ms. GARG CHARU ACA

H. No. 500 7TH LANE

OPP. JEMINI PUBLIC

SCHOOL

PHOOL BAGH COLONY

MEERUT CANTT - 25000(

Mr. SAINI 18.03.00

PRASHANT ACA

C/O MA-6 CENTURY

CEMENT

P O BAIKUNTH

DISTT RAIPUR

RAIPUR - 493116

70.

078403

79.

078946

Mr. SHARAD 17.01.00

KUMAR ACA

22 MANDI KOHNA

SARRAFA BAZAR

MUZAFFAR NAGAR - 251002

Mr. AGARWAL 30.03.00

SUNIL KUMAR ACA

D-60 BASANT VIHAR

GWALIOR

078421

71.

01.04.00

80.

078981

Mr. SANKHLA

ARV1ND ACA

4 INCOME TAX COLONY

PAOTA C ROAD

JODHPUR - 342010

Mr. BARDIA 01.07.00

SAURABH ACA

103 NAPIER TOWN

SHASTRI BRIDGE ROAD

MANCLAM

JABALPUR - 482001

72.

078422

01.04.00

81.

079026

Mr. AGRAWAL NITIN

MOHAN ACA

R-5/95 RAJ NAGAR

GHAZIABAD - 201001

078522

73.

01.04.00

Mr. SAJID 25.03.00

HUSAIN ACA

ATRACO INDUSTRIAL

ENT.

POST BOX No. - 16798

JEBEL ALI

DUBAI

Mr. RAJESH

KUMAR ACA

301 SUKH APARTMENT

188 ANOOP NAGAR

UVDORE - 452008

82.

079094

74.

078653

16.08.00

Mr. SHARMA RAM 01.04.00

PRAKASH ACA

W A 44 SHAKARPUR

DELHI - 110094

83.

079099

Mr. RAWAT RAJENDRA

SINGH ACA

C/O SHRI G S RAWAT

MADARPURA

MADAR

AJMER - 305024

75.

078701

01.04.99

Mr. JAIN 29.09.00

YATEEN ACA

BASANT BASERA

HIRAN MAGRI SCHEME

63 SECTOR NO. 11

UDAIPUR - 313002

Mi DAS RUCHIRA ACA

H # 63 AWHO COLONY

AMBAWARI

JAIPUR • 302012

Name & Address Date

S. No.

Name & Address 1

Date

MRN

S. No. MRN

30.07.00

079595

92.

01.04.00

079186

84.

Mr. JAIN AMIT ACA

15 NASRATPURA

BEHIND MANOHAR

TALKIES

GHAZ1ABAD - 201001

Mr. BRUESH

KUMAR ACA

C/O B C JAIN & CO.

16/77 A CIVIL LINES

KANPUR - 208001

93.

13.07.00

079614

01.04.00

85.

079276

Mr. KHODPIA

ARUN ACA

MAGLAM

NEAR JAIN TEMPLE

BHUWANA

UDAIPUR - 313001

Mr. TIWARI RAJEEV

KUMAR ACA

PLOT No. 55

RAM NAGAR COLONY

SODALA

BEHIND POLICE THANA

JAIPUR - 302019

86.

0792^6

14.08.00

01.04.00

079695

94.

Mr. SONI TARUN ACA

17/700 SHANKAR

CHOPASANI

HOUSING BOARD

JODHPUR - 342009

Mr. AGARWAL

KESHAV ACA

BEHIND R S E B SUB

STATION

RANI BAZAR

INDUSTRIAL AREA

BIKANER

079699

13.06.00

8n.

95.

0^9345

Mr. AGRAWAL

CAURAV ACA

27 ANVESHAK

CUFFER PARADE

COLABA

MUMBAI - 400005

Mr. SONI SHIV 09.08.00

BHAGWAN ACA

VILL. & POST-RALAWATA

TEHSIL-SHRI MADHOPUR

DI.T. SIKAR

SRI 4ADHOPUR - 332734

079741

96.

26.05.00

88.

079515

31.03.00

Mr, KAUL

MAYANK ACA

30 SHRIGANGANAGAR

EXTENSION

INDORE - 452001

Ms. MEHTA RITU ACA

D/O SHRI P C MEHTA

17/290 INSIDE MADAR

GATE

KHATRI GALI

AJMER - 305001

89 079531

97.

079746

10.10.00

30.06.00

Mr. SHARMA

SAURABH ACA

67-A CAJSTT

NARONA ROAD

KAnPUR - 208004

Mr. GUPTA MANISH ACA

HFCL (WIRELINE DIVL)

8 ELECTRONICS

COMPLEX

CHAMBAGHAT

SOLAN - 173213

90.

07954-

26.09.00

98.

079798

14.09.00

Mr. SHARMA

UMESH ACA

882 ARV1ND NAGAR

NEAR JAIN STHANK

SUNDERWAS

UDAIPUR - 313001

Mr. CHACHAN ANIL

KUMAR ACA

V & r 0 - PHEPHANA

TEH-NOHAR

HANUMANGARH

91 0-95S"

99.

29 12.00

079820

31.01.01

Mi. JAIN NEERAJ ACA

158/1 GWALIOR RO^D

BALUGANJ

AGRA - 282003

100.

079926

28.09.00

Mr BHANPARI

SUNIL ACA

BAJRANG ASHRAY

11 SHRI RAMPURA

COLONY

CIVIL LINES

JAIPUR - 302006

Mi. GUPTA

RAJESH ACA

F-17--77

1ST FLOOR

AMRAPALI MARG

VAISHALI NAGAR

JAIPUR - 302021

Name & Address Date

MRN

S. No.

26.05.00

083064

101.

Mr. SINGHAL

BUENDER KUMAR FCA

HOUSE No. 51

SECTOR No. 14

INDIRA NAGAR

LUCKNOW - 226016

01.04.00

083631

102.

Mr. SHARMA

MAN MOHAN FCA

G. M. (F & A)

BIBCOL

VILLAGE - CHOLA

BULANDSHAHAR • 20320

3

01.04.00

103.

086024

Mr. RATHI MAHESH

KUMAR FCA

C/O SWASTIK SPINTEX

LTD.

154 ANOOP NAGAR

A B ROAD

INDORE - 452008

01.02.00

087442

104.

Mr. WADHWA JITENDRA

KUMAR FCA

145 SECTOR - 1

CHIRANJEEV /1HAP

GHAZIABAD - 201001

31.01.00

105.

087648

Mr. ANIL KUMAR FCA

15/99 SORON KATRA

SH *GANJ

AGRA - 282010

21.04.00

106.

088234

Mr. LAUOHA

RAJESH FCA

CHANDRA COLONY

M A I M N G A NJ KISHANGARH - 305801

090260

22.12.99

107.

Ms. KAUR

GURVINDER ACA

3F/44 NIT

FA RID A BAD

090743

01.04.00

108.

Mr. AGGRAWAL

PANKAJ ACA

4 RAIL VIHAR

rECTOR 33

NOIDA - 201303

109.

0A4S2

29.07.99

Mr. RASTOGI

SANJEEV FCA

C-99

CHANDER NAGAR

OPP. vivs:: VIHAR

GHAZIABAD - 201011

(Dr. ASHOK HALDIA)

SECRETARY

MINISTRY OF DEFENCE

No •III/REV/BYE-IJAVV/4/VPK/1 991 Office of the Cantonmont Board, C n n n a n o r o ^ 6 ^ 0 1 7 , - ^ A p r* 2001 SRO - 9 Whoroas a n o t i ce of c e r t a in d r a ft proposal to amonc¹ tho o x i s t i ng byo-law No"3 of SRO No,6 as

required under sub-section 2 and 3 of s e c t i on 284 of

tho Cantonments Act, 1924 (2 of 1924) datod tho 6th

Juno, 1992 published vide SRO 6 No.43/1/178-91 in tho

Gazotto of India datod 6th Juno, 1992 p a rt I II - s e c t i on 4, i n v i t i ng objection and suggestion on Board's proposal to r e v i se tho parking foo on vohiclos such as buses,

t n x is and auto rickshaws from a ll persons l i k e ly to bo

affected thorobv was published on 18th August 1999.

And whoroas no objections and suggest 1ms were

received from any porson before tho date so specified

in tho said Public Notice.

And now thoroforo, in oxorciso of tho powers

conforrod by clause (3) of s o c t i on 282 of tho Cantonment Act, 1924 (2 of 1924), tho Cannancro Cantonmont, with the previous sanction and confirmation of C e n t r al Government, horoby amend tho itoms ( a ), (b) and (c) of clftuso (1)

of Byo-laws (3) flt tho r n t os spocifiod bolowt-

"3M" Quantum of foos and oxomptioni-

(1) Evory poraon who owns proscribed typo of vohiclo

and parks in tho Cantonmont Parking stand s h a ll bo

l i a b lo to pay parking fee for ovory month or p a rt

thereof as hcroundor:-

(a) Bus : Rs,150/- por mon^um by all tho owners those who fire having permit to park in tho

District Hospital, parking in tho Cantonment Bus Stan*-*.

(b) Taxi : Rs" 40/- por monsum by all tho Taxi Owners those who are parking in tho Cantonment Taxi Stand.

(c) Autorickshaw : r". 30/- per monsum by all Autorlkshaw owners those who are parking in tho Cantonment Autorikshaw stand.

(K.'VTNAGI REDDY, IDES) CANTONMENT EXECUTIVE OFFICER, CANNANCRE.

THE BAR COUNCIL OF INDIA

ELECTION OF VICE-CHAIRMAN

The Bar Cbundl of India in i ts meeting held on

31st March and 1st April,2001 passed the following

resolution i-

ii

RESOLUTION!

RESOLVED that Shri Bhuplnder Singh Rathore

be and is hereby declared elected unanimously for the office of Vice Chairman/ which vacancy arose on the elevation of Shri D,B.BhoBale to the Bench of High Court of Mirribai*"

NfWDtUf t

UNIT TRUST OF INDIA

MUMBAI

The Unit Linked Insurance Plan 1971 has been formulated under section 19(1) (8) (a) of the Unit Trust of India Act, 1963 (52 of 1963), In relation to, the Unit Scheme, 1971 made under section 21 of the said Act by the Board of Trustees of UTI. This offer document sets forth concisely the Information about the scheme and the plan made thereunder that a prospective Investor ought to know before making investment in the plan. The offer document should be retained by the Investor for his future reference.

The details of Statutory Provisions and benefits given In the offer document are general and indicative and are not exhaustive nor any particular Investor specific.

Tht scheme particulars have been prepared In accordance with Securities and Exchange Board of India (Mutual

Funds) Regulations, 1996, as amended till date, and filed with SEBI. The units offered for public subscription

have not been approved or disapproved by the SEBI, nor has the SEBI certified on the accuracy or adequacy of

the offer document.

Objective of the Scheme

To encourage trie habit of regular savings primarily by tax paying individual Investors to obtain tax rebate under section 88 of the Income Tax Act, 1961 on the investment made In the plan each year and at the same time to get life Insurance cover to the extent of unpaid but not due targeted amount.

HIGHLIGHTS

1. An open end tax saving cum Insurance plan.

2. The face value of unit is Rs. 10/-.

3. Choice of two plans: 10 year plan or 15 year plan.

4. Open for investment to resident individuals as well as to NRIs Including Investment in the name of the spouse/ child. The age of the applicant at the time of entry should be within the age limit indicated below:

(a) The 10 year plan - between the age of 12 and 55 1/2 years

(b) The 15 year plan - between the age of 12 and 50 1/2 years

5. The minimum and maximum target amount of Investment under the plan Is Rs. 15,000/- and Rs. 75,000/- respectlvely. The chosen target amount Is required to be contributed In yearly or half yearly Instalments over 10/15 years as indicated at the time of entry. At present, payment of renewal contributions (RCs) (through salary saving scheme) are accepted only under the 10 year plan from members working with select organisations. An option to pay renewal contribution every month through Pay Roll may be introduced later In association with employers subject to such terms as may be decided.

6. Partial repurchase may be allowed after completion of 7 years and 10 years from the date of acceptance of the application under the 10 year and 15 year plans respectively subject to maintaining a minimum balance of Rs. 5000/- to be reckoned at the repurchase price prevailing on the date of such repurchase. Ufe insurance cover will be available after partial repurchase only If the member pays RCs on a regular basis.

7. Ufe insurance cover to the extent of the unpaid but not due amount of the chosen target amount.

8. Life Insurance cover for female Investors having no regular and Independent Income Is restricted to a maximum of Rs. 40,000/- even where the target amount selected by the Investor Is for more than Rs. 40,000/-.

9. Minor children above the age of 12 years are allowed to join the plan. However, such children having regular and Independent Income only will be eligible for the life Insurance cover.

GA OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) [PART III—SEC. 4 JO. Personal accident insurance cover upto Rs. 50,000/-, irrespective of the target amount chosen or the number of investments made in the plan.

11. On the amount invested In the plan annually upto Rs. 60,000/- currently, the investor Is entitled to get a tax rebate @'20% urider section 88 of Income Tax Act, 1961. Thus, a maximum tax rebate of Rs.12.000/- p.a. can be claimed by an investor Tax rebate is available even on contrlbution/s made in the name of spouse and children within the said overall limit of Rs. 60,000/-.

12. Units will be sold/repurchased at NAV based price as may be decided by the Trust from time to time. Currently. sa[e is at a price not more than 1.5% above the applicable NAV and repurchase at a price not more 1.5% below the applicable NAV and the prices are declared on a weekly basis.

13. On maturity of the chosen plan a bonus of 5% and 7.5% of the target amount is payable under the 10 and 15 year plans respectively. Those who continue in the plan even after maturity will get post-maturity bonus @ 0.5% of the target amount for each completed year after the maturity date provided he/she has not withdrawn any amount earlier,

14. Currently, under section 10(33) of the Income Tax Act, 1961. Income distribution, If any, made by the plan is fully tax exempt in the hands of members. However, the plan will be required to pay income distribution tax at the rate of 20% together with surcharge of 10% thereon under section 115R of the Income Tax Act, 1961 as per Finance Act, 2000 on the amount of income distribution, if any, made by it.

15. Under the current tax laws there is no deduction of tax at source on the amount of income distributed, if any, by the plan or on the maturity proceeds.

16 Long term capital gains, if any, arising on repurchase of units of the plan at maturity or otherwise are currently taxable at 20°-o + surcharge after factoring cost inflation Indexation or at a flat rate of 10 % + surcharge, as may be opted for by a member.

17. Investment in units under the plan is not subject to Wealth Tax.

18 The Gift Tax Act, 1958 has abolished the levy of Gift Tax in respect of gifts made on or after 1" October, 1998. Thus, gift of units of the plan are fully exempt from the levy of Gift Tax,

II. DUE DILIGENCE

Due Diligence Certificate submitted to SEBI for

ULIP 1971

It is confirmed that:

I. the draft offer document forwarded to Securities and Exchange Board of India is in accordance with the SEBI (Mutual Funds) Regulations, 1996 and the guidelines and directives issued by SEBI from time to'time;

II all legal requirements connected with the launching of the scheme as also the guidelines, instructions, etc. issued by the Government and any other competent authority in this behalf, have been duly complied with;

III. the disclosures made in the offer document are true, fair and adequate to e n a b l a t he Investors to make a well informed decision regarding investment In the proposed scheme;

IV. all the intermediaries named In the offer document are registered with SEBI and till date such registration is valid.

Sd/- Date : 27/03/2000

AJEET PRASAD

Place: Mumbai

Compliance Officer

SealPART III—SEC. 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) 3225

III. DEFINITIONS

In this scheme and plan made thereunder unless the context otherwise requires:

(a) "Acceptance date" with reference to an application made by an applicant to the Trust for sale or repurchase of units by the Trust means the day on which an authorised collection centre of the Trust, after being satisfied that such application is complete in all respects, accepts the same. In the event of NAV of the scheme is switched to daily basis, the acceptance date in respect of the applications received at the franchise office/chief representative collection centre or any other authorised centre as may be decided by the Trust from time to time will be prescribed by the Trust from time to time but It shall not be beyond the 5m working day (T+5) from the date of receipt (T) of such applications at a franchise office or CR collection centre or other authorised centre.

(b) The "Act" means the Unit Trust of India Act, 1963 (52 of 1963),

(c) "Applicant" means a person who Is eligible to participate in the scheme and the plan made thereunder and is not a minor and shall Include the alternate applicant mentioned in the application form.

(d) "Alternate applicant" means the parent other than the parent who has made the application on behalf of a minor,

(e) "Contribution" or "renewal contribution" or "RC" means the investment made by a member half yearly/yearly or other Intervals as indicated to by the Trust, to reach the chosen targeted amount over 10 or 15 year period, as the case may be.

(f) "Insurance Company" means any Insurance company including Life Insurance Corporation of India (LIC) and/or any other company providing life insurance and/or non life insurance cover including accident insurance cover, medical insurance etc. (g) "Member" used as an expression under the scheme and the plan made thereunder shall mean and include the applicant who has been allotted units under the scheme,

Citizenship Act, 1955 (57 of-4955); or (c) the person is a spouse of an Indian citizen or a person referred to in sub-clause (a) or (b) herein-

(i) "Number of units deemed to be in issue" means the aggregate of the number of units issued and remaining outstanding.

0) "Regulations" means Unit Trust of India General Regulations, 1964 made under Section 43 (1) of the Act.

(k) "SEBI" means the Securities and Exchange Board of India set up under the Securities and Exchange Board of India Act, 1992 (15 of 1992).

(I) "SEBI (MFs) Regulations" means the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 as amended from time to time, framed by SEBI In exercise of powers conferred under Securities and Exchange Board of India Act, 1992.

(m) "Target amount" means the total amount tp be invested through periodical contributions during the chosen plan period of 10 or 15 yeans and to be indicated by the applicant at the time of joining the plan.

(n) "Unit" means one undivided share of face value of Rupees ten In the unit capital and includes where the context so requires, a unit Issued as fully paid up bonus units by capitalising a part of the amount standing to the credit of the account of the reserve formed or otherwise in respect of this scheme.

(o) "Unit Capital" means the aggregate of the face value of units issued under the scheme and outstanding for the time being.

(p) "UTI" or "Unit Trust" or "Trust" means the Unit Trust of India established under Section 3 of the Act. (q) All other expressions not defined herein but defined in the Act/ Regulations shall have the respective meanings assigned to them by the Act/ Regulations.

(r) Words importing singular shall include the plural and all reference to masculine gender shall also include the feminine gender and vice versa.

IV. RISK FACTORS

(h) "Non-Resident Indian (NRI)'¹ shall have the meaning as defined under Foreign Exchange Management (Deposit) Regulations, 2000 (FEMA Regulation 2000) framed by Reserve Bank of India under Foreign Exchange Management Act, 1999 (42 of 1999), As per FEMA Regulation 2000, "Non-Resident Indian (NRI)" means a person resident outside India who Is a citizen of India or Is a person of Indian origin. A person shall be deemed to be a "person of Indian origin" if he is a citizen of any country other than Bangladesh or Pakistan and if (a) he at any time held Indian passport; or (b) he or either of his parents or any of his grand parents was a citizen of India by virtue of the Constitution of India or the 1. Unit Linked Insurance Plan is only the name of the plan and does not in any manner indicate the quality of the plan, its future prospects or returns.

2. Mutual Funds schemes and investment in securities by such schemes/plans are subject to market risks and the NAV of the units issued under the plan may go up or down depending on the factors and forces affecting the financial/capital markets from time to time.

3. Performance of UTI schemes in the past Is not necessarily an indication of future results of this plan. There can be no assurance that the objective of the plan will be achieved.

4. Realisation of all the assurances and promises, if any, made, are subject to the laws of land as they exist at relevant point of time.

5. The life insurance cover extended under the plan has currently been provided in association with the Life Insurance Corporation of India (LIC). Presently arrangements for providing the personal accident insurance cover has been tied up with the National Insurance Co. Ltd., Calcutta.

5. Income, growth, appreciation indicated in this offer document are subject to the tax laws and other fiscal enactments as they exist from time to time.

6. Application for units:

Investment in ULIP units is open to the following categories of investors (both resident as well as NRIs) between the age of 12 years and 55i years In case of the 10 year plan and between 12 and 5O'/a years for the 15 year plan, at the time of joining the plan on each occasion:

6. Investment In overseas market: The success of investment in overseas market depends upon the ability of the fund manager in understanding those market conditions and analysing the information, which could be different from Indian markets. As this would involve operations in foreign markets there could be exchange rate fluctuations risk besides the market risk.

(a) An adult male person.

(b) An adult female person having regular and independent source of Income. However adult female persons having no regular income of their own are allowed to participate in the plan subject to the life insurance cover being restricted to Rs, 40,000/- even If the target amount chosen by them is above Rs. 40,000/-.

(c) A minor above 12 years of age through his parent. However, such minors having no regular and Independent source of income will not be eligible for the life insurance cover.

7. Stock Lending: It is one of the means of earning additional Income for the plan with least risk, The risk could be in the form of non-availability of ready stock for sale during the period the stocks remain lent. The scheme would also be exposed to risk through the possibility of default by the borrower/ intermediary in returning the securities. However, the risk would be adequately covered by taking in suitable collaterals from the borrower by the intermediary involved in the process. UTI will have a lien on the collaterals, UTI will also have other suitable checks and controls at various places to minimise any risk Involved in the securities lending process,

(d) The Investment In ULIP can also be made in tire name of the spouse/children above the age of 12 years.

V. UNITS & OFFER

(e) The age of the applicant at entry to the plan will be the one which is as on the date on which his application is accepted by the Trust.

Provisions of Unit Linked Insurance Plan 1971 as made in this offer document will also be the governing provisions for the existing investments made In the plan in all areas covered by it.

1 This scheme shall be called the Unit Scheme 1971 and the plan formulated under this scheme shall be called Unit Linked Insurance Plan 1971 (ULIP 71).

(f) A physically handicapped person can also Join the plan subject to lapse of 5 years from the date of event causing physical handicap and his holding gainful employment at the time of application and subject to such conditions as may be prescribed,

(g) This is not an offer to any 'US' (United States) person. No 'US' person can apply for these units or acquire them.

7, Minimum and maximum target amount for an

Investor

2. The scheme shall be an open end scheme. Provided, however, that the Executive Committee of the Board or the Board of Trustees of Unit Trust of India/ UTI Chairman may suspend the sale of units under the scheme at any time in circumstances like war, disruption of trading in Stock Exchanges and other socio-economic factors after giving 7 days' notice In newspapers or in such other manner, as may be decided by it.

3. The units under the scheme shall be kept open for sale throughout the year except during book closure period/s not exceeding 15 days in a year.

4. The face value of each unit Issued under the scheme

(a) The period of investment under this plan shall be either 10 years or 15 years or such other period as may be decided from time to time. Presently, the minimum target amount under the plan Is Rs. 15000/- which ia required to be Invested over 10/15 year period. The Trust may change the minimum target amount if and when It is considered necessary. It will be applicable to those investors who will be Joining the plan shall be rupees ten.

qfter such a change is made effective. Beyond the minimum, the target amount can be chosen in multiples of Rs. 1000/RS.1500 for participating in the 10/15 year plan respectively. Presently, the maximum target amount is restricted to Rs. 75,000/- which can be Increased or reduced in association with LIC or any insurance company, as the case may be. A person can participate in the plan to the extent of the maximum target amount either through one or more applications over a period of time subject to his being not above the maximum age prescribed for entry to the plan. The existing members who had joined the plan prior to 1st July, 2000 can make another application for a target amount below Rs. 15,000/- if their existing aggregate target amount is more than Rs. 60,000/- but is lesser than Rs. 75000/.

(b) The first/initial contribution shall have to be paid along with the application for joining the plan. Subsequent contributions (renewal contribu- tions) are required to be paid by the members either half-yearly or annually or at such other intervals, as the Trust may permit from time to time, as per the option indicated by him at the time of Joining the plan. The period and mode of contribution once exercised is final and cannot be changed.

(c) When the member joins the 10 year plan, the amount of each contribution shall be 1 /20th of the target amount in the case of the half-yearly mode of payment and 1/1 Oth of the target amount in the case of the annual mode of payment. For the members joining the plan for 15 years, each contribution shall be i/30lhof the target amount in the case of the half yearly mode of payment and 1/15th of the target amount in case of the annual mode of payment, If it is decided to permit contribution at any other interval/s the number of contributions will also be prescribed at that time.

(e) It may please be noted that where the initial payment is made In the month of April the yearly renewal contributions would be accepted only during the month of April every year since the previous two months viz February March would fall in the previous fiscal year and that may deprive the member of the tax benefit for that year. Similarly, an Investor who joins the plan in the month of May will be allowed to pay his subsequent contributions only during April' May each year.

(f) The annual book closure of ULIP will generally be during the month of June every year during which period the initial/renewal contributions will not be accepted.

(g) If permitted, the member may be allowed to invest an amount in excess of his annual/half- yearly contribution (as per hio chosen target amount) to enable him to obtain full tax rebate under section 88 of the Income Tax Act, 1961. But, in such event he may not be able to get additional life insurance cover over and above the target amount. '

8. Life Insurance Premium

(d) The half-yearly renewal contributions shall fall due in the seventh month from the month in which initial contribution Is paid and the month In which the member had joined the plan. If the yearly mode is opted, the RC will fall due every year in the month in which the member had Joined the plan. Illustratively, if the initial contribution is paid in the month of January, the half yearly contributions will fall due In the months of July and January every year. Similarly, in case of yearly mode all the subsequent contributions shall fall due in the month of January every year. However, the member may be allowed to pay the renewal contribution in advance. Presently the renewal contribution will be allowed to be paid upto two months in advance (except in certain cases) as shown in the table below:

(a) A part of the amount invested/contributed by members will be utilised by the Trust to pay3228 THE GAZETTE OF INpIA, MAY 19, 2001 (VAISAKHA 29, 1923) [PART III—SEC 4

premium for obtaining group Insurance cover on the life of the members from LIC or any insurance company under arrangements with LIC or any insurance company Presently, annual premia paid to LIC for every Rs. 1000/- of the target amount is indicated in the table below The premia is paid for a period of 7 and 10 years for the 10 and 15 year plan periods respectively:

It may be noted that the age would mean the completed age of the applicant on the date of entry Thus, a person born on 10/08/1976 completes 24 years of age on 09/08/2000. A person born on 09/04/1958 completes 55 years and a half on 08/10/2013.

(b) The premia rate can be changed from time to time by an arrangement with LIC or any insurance company. The balance amount (I e. after reducing the amount payable towards premia to LIC or any Insurance company, as the case may be), of the initial/renewal contributions paid by the members, shall be utilised to allot units including fractional units, arrived at the ruling sale price of units as on the date of acceptance of each contribution.

9. Statement of account:

(a) At the time of joining the plan the Trust shall arrange to issue to the applicant, a statement of account indicating his admission to the plan and other relevant details within a period not later than 30 days from the date of acceptance. In all future correspondence with the Trust the member shall have to quote the membership/ folio number

(b) On receipt of renewal contribution (RC) and/or reinvestment of income distribution, if any, the Trust will issue an updated statement of account giving among other things, the following particulars:

(I) opening balance of the outstanding

number of units,

(II) amount of renewal contributions received alongwith the amount utilised for paying premiums to LIC or any insurance company, as may be decided, and thePART III—Stt. 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) 3229

12. Termination of mMDtWtahlp undar the plan:

number of units issued/allotted out of the balance amount,

(IU) amount of Income distribution, if any, together with the number of units aHoMad on reinvestment of such income, and (Iv) the closing balance or the total, number of unto outstanding to the credit of the member.

(c) The Trust shall not incur any liability for loss, damage, misdelivery or non-delivery of the statement of account sent to the member from time to time.

(a) All RC payments made by members should reach the Trust during the month/s specified in sub-clause 7 (d) above. Any member whose RC remains unpaid even after the expiry of the specified period [as mentioned In sub-clause 7(d)], shall cease to participate In the plan forthwith unless otherwise deckled by the Trust. Insurance cover on the life of such a member will also stand to terminate simultaneously.

10. Tranafer/Pledgc/AMlgnmerrt of Unite:

Units Issued under the plan are not transferable/ pledgeable/asslgnable.

11. Direct payment through Salary:

(a) The Trust may accept from members - the payment of RCs through deduction from their salaries to be made by their employers under a Salary Savings Scheme (SSS). Presently, payment of RCs (through SSS) are accepted only under the 10 year plan from members working with select organisations/companies. The Trust may extend the SSS arrangements to other organisations/companies and also under the 15 year plan.

(b) Persons intending to Join ULIP through SSS shall be required to pay the first half yearly contribution alongwrth the application for joining the plan and shall authorise his employer with whom UTI has arrangements to deduct from his salary every month an equated monthly instalment as Intimated by UTI. Presently, payments under S8S are applied towards RC payable under the half-yearly plan.

(c) The member paying RCs under the SSS may continue under the SSS even after his resigning/leaving that organisation provided that the new organisation he joins has entered into similar arrangements with UTI. In the event such new organisation is not covered under the SSS or his not joining any organisation, he will be required to pay the ULIP RCs directly to UTI on the basis of half-yearly plan. His failure to pay the RCs on due date/s will make him liable for ceasing to be participating in the plan forthwith and thereby loosing the insurance cover on his life simultaneously.

(d) A member would be allowed to join the plan through SSS only If he joins it afresh, the existing members of the plan would not be allowed to pay RCs under the SSS.

17—69 GI/2D01

(b) A member whose participation In the plan stands terminated in terms of sub-clause (a) above, may approach the Trust not later than one year from the first day of the month of the earliest contribution In default, to revive his participation. This request will be considered subject to such terms and conditions as may be prescribed by the Trust In consultation with the UC or any insurance company as the case may be.

Example: For a person joining the plan on 3'd December 2000, the month In which RC is due Is 'December. He can pay the yearly contributions any time during the months of October, November and December. If the member defaults In paying the second yearly contribution in the months of October- December 2001, he has one year from 1st December 2001 to 30th November 2002 to renew his membership. In the above example if the member had joined the half-yearly mode he would have to pay his contributions In the months of October/November/December and April/May/June. Months in which his RCs are due are December and June. If he has defaulted in the payment of H02 falling due in April/May/ June 2001 then he has one year from 1" June 2001 to 3 1" May 2002.

(c) A member may terminate his participation in the plan by giving a request in writing to the Trust with complete bank particulars.

(d) In the event of termination of the membership in terms of (a) and (c) above, the Trust may consider the erstwhile member's request for repurchase of outstanding unit holding as on the date on which the Trust's requirement for settling of his account are complied with In all respects.

(e) If a membership Is terminated¹ within 5 years from the joining of the plan, the Trust shall recover not more than 1% of the target amount towards administrative charges. For termination after 5 years, the recovery for administrative charges will be not more than 0.5% of the target amount.

(f) The Trust may consider permitting the member whose membership has been terminated in terms of (a) and (c) above to continue in the plan on such terms and conditions as it may prescribe from time to time.

13. Termination and winding up of the scheme and

(h) The Trust shall pay the repurchase value as early as possible but within 10 working days from the date of receipt of the latest statement of account along with the repurchase request or any other type of document as may be prescribed from time to time duly signed and after other procedural and operational formalities are complied with.

the plan made thereunder:

(a) This is an open-end scheme. Trust may, however, terminate it and initiate steps to wind up under the following circumstances:

(i) on the happening of any event which in the •opinion of the Trust requires the scheme to be wound up, or

(il) if the SEBI so directs in the interest of the

(i) On completion of the winding up, the Trust shall forward to the SEBI and the members of the scheme a report on the winding up containing particulars such as circumstances leading to the winding up, the steps taken for disposal of assets of the scheme before winding up, expenses of the scheme for winding up, net assets available for distribution to the members and a certificate from the auditors of the scheme

members of the plan.

(ill) if 75% of the members pass a resolution

that the scheme be wound up.

(j) Notwithstanding anything confined herein- above, the application of the provisions of SEBI (MFs) Regulations in respect of disclosures of half yearly reports and annual report shall continue until winding up is completed or the scheme ceases to exist

(b) For winding up pursuant to sub-clause (a) above, the Trust shall give notice of the circumstances leading to the winding up of the scheme to SEBI and publish it in two daily newspapers having circulation all over India and also in a vernacular newspaper circulating in Mumbai at least a week before the termination is effected.

(k) After the receipt of the report referred to in item (i) above, if the SEBI is satisfied that all measures for winding up of the scheme have been completed, the scheme shall cease to exist.

(c) On and from the date of advertisement indicating the termination, the Trust shall cease to issue, redeem and cancel units of the scheme and cease to carry on business activities in respect of the scheme

(I) Any insurance claims in respect of life cover and personal accident cover becoming due till the date of winding up will be settled by LIC National Insurance Company Ltd. respectively or any insurance company with whom the Trust had entered into arrangements for such Insurance covers.

VI. EXPENSES

(d) The Board of Trustees shall call a meeting of the members of the scheme to consider and pass necessary resolution by simple majority of the members present and voting at the meeting for authorising the Trustees or any other person to take steps for winding up of the scheme.

1. (a) Initial Issue expenses for the schemes launched by the Trust during the financial year 1999-2000 were as follows;

Scheme

(e) The Board of Trustees or the person authorised under sub-clause (d) above, shall dispose of the assets of the scheme in the best interest of the members of the scheme.

Expense* (% of funds

collected)

0.32

UTI-GSEC

MIP-99 (II)

2.54

2.57

MIP-2000

ETSP

4.32

(f) The proceeds of sales made in pursuance of sub-clause (e) above, shall, in the first Instance be utilised towards discharge of such liabilities as are properly due under the scheme and after making appropriate provision for meeting the expenses connected with such winding up.

(g) The balance shall be paid to the members of the scheme in proportion to their respective interest in the assets of the scheme as on the date when the decision for winding up was taken.

(b) The initial issue expenses in respect of Nifty Index Fund launched during the last financial year were borne by the Trust by charge to DRF as it was a no load scheme.

2. Recurring, expenses:

4. DRF contribution

(a) The following estimated recurring expenses will ¹ be Charged to the scheme on a recurring basis.

(a) A sum equal to 0,25% p.a. of the weekly average Net Asset Value of the scheme shall be set aside as contribution towards the DRF of the Trust. DRF contribution will be part of the recurring expenses.

(b) The estimate is subject to change inter se as per actual expenses incurred.

(b) The Trust instituted this fund in the year 1983-84 as a common fund to enable the Trust to meet the expenditure in respect of research & developmental work in connection with the introduction of new schemes, innovation of new systems and pro- cedures at the conceptual stage and also various other productional & developmental work not related to or linked with any particular scheme itself. The Fund is also utilised for Economic and Capital Market. Research, Management & Professional Training, Surveys and Market Research for the Trust, Marketing and Corporate image building efforts that are not connected to any specific scheme. Human Resource Development efforts with long term effects and which may relate to the Trust's future activities and for meeting the shortfall, if any, in the assured rate of return of any of the schemes of the Trust as well as the issue expenses for no-load schemes.

5. SWF contribution

(c) However, the total annual recurring expenses of the scheme excluding expenses for repurchase but including administrative expenses, contributions to Development Reserve Fund (DRF) and Staff Welfare Fund (SWF) shall be kept within the following limits:

(i) On the first Rs. 100 crore of the average weekly net assets - 2.23%

(ii) On the next Rs. 300 crore of the average weekly net assets - 2.00%

(in) On the next Rs. 300 crore of the average A sum equal to 0.10% p,a, of weekly average Net Asset Value of the scheme shall be set aside as contribution to the SWF. The Trust has instituted the SWF for the welfare of its employees which shall include relief in distress, medical relief, health relief or for similar other purposes.

VII. SALE OF UNITS

weekly net assets - 1.75%

1. Sale contract and fixation of sale price.

(iv) CM the balance of the assets - 1.50% (d) Administrative expenses, contributions to DRF and SWF will not exceed the limits specified under clause 2 of regulation 52 of SEBI (MFs) Regulations namely:

(i) one and quarter of one percent of the weekly average net assets outstanding in each accounting year for the scheme as long as the net assets do not exceed Rs 100 crore, and

(n) one percent of the excess amount over Rs. 100 crore, where n"t assets so calculated exceed Rs. 100 crore, 3. While UTI does not chafge any investment management arid advisory fees as permitted in the SEBI (MFs) Regulations it will ensure that the annual recurring expenses shall remain within the limits specified under regulation 52 of SEBI (MFs) Regulations.

(a) The contract for sale of units by the Trust shall be deemed to have been concluded on the acceptance date. The net amount of initial contribution and RCs after adjusting for payment of premia (if any) to ,LIC or any insurance company, as the case may be, will be invested in units of the scheme.

(b) Units will be issued at a price not more than 7% above the applicable NAV or wtthm such limit as may be prescribed by SEBI from time to time (for example if the NAV per unit is Rs. 14.90 the sale price will not be higher than Rs. 15.94).

(c) Presently, the sale price will be valid for a week (Monday to Sunday) and will be based on the NAV to be calculated on the Wednesday of the preceding week, as valuation day.

(d) If any Wednesday happens to be a holiday in the State of Maharashtra, then the calculation of the NAV will be done on the immediate3232 THE GAZETTE OF IMDIA, MAY 19, 2001 (VAISMtHA 29, 1923) [PART III—Sec 4 preceding working day as the valuation day and the same will be considered for fixing the sale price.

(e) UTI may, however, change the valuation day and the periodicity for calculating NAV as it may decide from time to time. Any such change will be Intimated to members suitably.

refunded to the member in such manner as the Trust may deem fit without any interest and at his cost.

3. Non Resident Indians (NRIs):

2. Mode of Payment

(a) The payment for units by an applicant shall be made by him alongwlth the application by a cheque or draft or cash.

(b) The authorised collection centres/franchise offices are authorised to accept applications alongwith cheque payable locally or demand draft payable at the place where the concerned branch office of UTI is located.

(c) Collection centres/franchise offices/agents are not authorised to accept cash

(d) For applications submitted at UTI branch offices, cheques or drafts should be drawn on any branch of a bank operating within the city/ town where that UTI branch office is situated For payment of contributions, the "frust may, at Its discretion, permit reimbursement of bank charges not exceeding Rs, 25/- or such amount as may be decided by it from time to time for purchase of bank drafts to those resident applicants/members who reside in areas where there are no collection arrangements on behalf of UTI.

(e) The draft commission charges will form a part of the recurring expenses of the plan.

(f) The Trust reserves the right to modify or withdraw the facility for bearing the draft charges by the plan.

(g) In case of applications received alongwith a local bank draft where the Trust has its branch officer/CR collection centre/franchise office or other authorised collection centres the bank draft commission will have to be borne by the investors.

(h) K the payment is made by a cheque/draft, the acceptance of the application will be subject to such cheque/draft being realised be the date on which the application is received by the UTI branch office/UTI Bank Branch/franchise offices/ authorised collection centres.

(i) It the half-yearly/annual contribution aruuuit paid by any member is found to be lesser than th" amount Indicated in the statement of account, the amount so paid will be liable to be NRI applicants/members can pay their initial contribution as well as RCs either by debit to their NRO/NRE account in India or by a rupee draft issued by a bank/exchange house on their correspondent bank in India The maturity/ repurchase/claim proceeds in such cases will be paid by UTI in rupees Remittance, if any, thereof to a member will depend on the source/s of the funds out of which contributions had been paid The proceeds can also be paid in favour of a close relative of the NRI member nominee resident in India If any contribution is paid from ruoee originated funds or bank accounts the proi&eds may not qualify for remittance abroad

4. Requirements for admission to the plan:

Every person desirous of participating m th'e plan shall

(a) complete the aoplication spe;ifiec oy the Trust (b) furnish evidence of age in the manner prescribed by the Trust and

(c) furnish evidence of good health by mak ng a declaration in the manner soecif'ed by the Trust in this behalf on the application form

5. Requirement* for minors:

(a) Persons applying for units under the plan on behalf of a minor or in the name of minor may be required to satisfy the Trust about their eligibility to make such application and will have to comply with all requirements such as submiss'on of the birth certificate etc as may be prescribed by the Trust from time to time (b) An adult, being a parent, step-parent or other lawful guardian of a minor may hold units and deal with them in accordance with and to the extent provided, in sub-section (2A) of Section 21 of the Act Such adult, if so required, may be called to furnish the proof of the age of the minor and his capacity to hold and deal with units on behalf of the minor in such manner as may be specified,

(c) Where an investment Is made ,or> behalf of a minor, the provisions of the scheme shall be binding on the minor membT

(ei) Till the minor membur attains the age of 18 years, the Trust shall direct all correspondence to the parent applying on behalf of the minor.

(e) A parent applying on behalf of a minor member cannot nominate any other person.

(f) On the minor member attaining the age of 18 years he shall be deemed to be participating in the plan on his own and the Trust shall thereafter enter into all correspondence with him d#ect(y.

(g) On minor member attaining the age of 1B years, he may nominate a person.

8. Nomination

(a) Nomination facility is available only for adult individuals applying on their own behalf.

(b) Only one person can be nominated.

(c) Minors including a NRI minor can be nominated.

(d) Nomination of NRIs is subject to requirements of the RBI prescribed from time to time.

(e) Nomination can be changed at any time during 8. Right of the TruBttcraccept or reject application:

(a) The Trust shaH have the right, at Its sole discretion, to acceDt or to reject an application under the plan. An application for issue of units under the plan Is liable to be rejected If:

(I) the application ^received with an amount lesser than the amount required, or (II) the application nas not been signed by the applicant or the appBcatlon Is found to be incomplete or

(iii) the applicant-is not eligible to invest in the plan or

(Iv) bank account particulars are not furnished.

(b) The Trust's decision about the eligibility or otherwise of a person to make an application under the plan shall be final.

the currency of the investment.

(f) Applicant being either parent or lawful guardian on behalf of a minor shall have no right to make a nomination.

(g) Other provisions will be to the extent provided In the Regulations.

(h) The facility of statutory nomination is available to a member under Section 39A of the Act. Accordingly, where a nomination in respect of any unit has been made in accordance with the regulations, the unit shall, on the death of the member, vest in the nominee subject to any right, title, claim or other interest of any other person to or In respect of the said units as provided In such regulations and subject to any charge or encumbrance over the said units. Mutation made by the Trust as- aforesaid shall be a full discharge to the Trust from all liability in respect of the said units.

9. Second named person

(c) Refund in rejected cases wlHije made by the Trust after compliance ~of the requisite operational and procedural Tfermalltles without incurring any liability, whatsoever, for interest or other sum.

7. Application wider f " I i* declaration:

(a) Person* who- come to hold units under a false declaration shall be liable to have their unitholdings cancelled and the name deleted from the reglsterof members.

If at the time of joining the plan or subsequent thereto, any member had named a second person, such second person will jointly participate in the plan in the similar way as the nominee participates. Claims, if any, by such second named persons will be settled in the same manner as prescribed for the claims made by nominees.

V1H. REPURCHASE OF UNITS

(b) The Trust shad reserve the right to repurchase such unttholdlng at such price as it may decide and deduct therefrom ah amount equivalent to 25% of the consideration as penalty.

(c) The Trust will also recover the income distribution, If any, wrongly paid to such member.

(d) The Trust shall not be liable to pay any interest Irrespective of the period it may take the Trust to effect this repurchase and to remit the balance proceeds to the applicant.

1. Members are expected to continue in the plan for 10/15 year period except when his membership or scheme Itself is terminated under clauses V(12) & (13) respectively.

2. Repurchase of units will be open throughout the year except during book closure period/s not exceeding 15 days in a year.

3. Repurchase price of units will not be more than 7% below the applicable weekly NAV or within such limit as may be prescribed by SEBI from time to time. The difference between the repurchase price and the3234 THE GAZETTE OF MDIA, MAY 19, 2001 (VAISAKHA 29, 1923) [PART III—Stc. 4 sale price of a unit shall not exceed 7% calculated on the sale price or within such parameters as may be prescribed by SEBI from time to time (for example if the NAV per unit is Rs. 14.90 the repurchase price will not be lower than Rs. 13.86).

4. (a) The Trust may permit partial repurchase of units after 7 years and 10 years from the date of acceptance of application under the 10 year and 15 year plan respectively subject to requirements of maintaining minimum investment of Rs. 5000/- to be reckoned at the repurchase price prevailing on the date of such . repurchase in the plan

(b) Members making partial repurchase pursuant to sub clause (a) above may continue to get life insurance cover provided he pays the RCs for the remaining period of the plan regularly.

[C) The member making partial repurchase under this clause will not be entitled to any maturity bonus on completion of 10'15 years' plan period

5 \\hne the date of maturity is mentioned in the siatement of account issued to members at the time r loinmg the plan the Trust may give an intimation tc the members whose plan period of 10 15 years is getting completed in next 1-2 months reminding them that they have the following options at maturity

z ~z s/.'tcho^er the repurchase proceeds to any ether scheme of UTI open for investment at that timc

fc To repurchase his outstanding holdings fully or partialK,

6 Any member s continuation in the plan will be on the following terms

(a) He will not be required to pay any RC (b) He will continue to get personal accident insurance cover

the repurchase price valid for 7 days period (Monday to Sunday) is based on the NAV calculated with the valuation day being the previouj Wednesday or any other day as may be decided by UTI. If any Wednesday happens to be a holiday in the State of Maharashtra, the repurchase price will be based on the NAV based on the valuation day being the immediately preceding working day.

8. The repurchase will be effected on receipt of the latest statement of account duly discharged or on submission of a request to that effect in appropriate form as may be prescribed from time to time, The Trust may not call for the statement of account issued to the members at the time of Joining.

9 Members opting for repurchase at the time of maturity m full or part will be paid at repurchase price prevailing on the date of maturity together with the maturity bonus due to him provided the option letter dated before the date of maturity is received at the office of the Trust within 30 days after the date of maturity Where the option letter for repurchase is received after 30 days from the date of maturity even having the date before the maturity date, the repurchase (including the maturity bonus that has been re-invested) will be made at the repurchase price prevailing on the date the option letter is actually received at the office of the Trust where the repurchase request is processed

10 Repurcnase of units shall be made in a period not exceeding 10 working days or such number of days as may be permitted under the SEBI (MFs) Regulations from the date of acceptance of the repurchase request at the place where such requests are processed, provided the application is m order In the event of any delay in despatch of the repurchase proceeds or credit of the amount through ECS beyond 10 working days, UTI shall pay interest @ 15 % per annum (or at such rate as may be specified by SEBI) from the 11"¹ working day to the date of despatch.

11 To NRI members, repurchase proceeds will be paid in rupees as indicated in sub clause VII (3) above.

12. Settlement of Death Claims

(a) Wtor" Htws Is no nominee:

(c) He will be entitled to a post-maturity bonus @ 0 5% of the target amount for each completed year beyond 10/15 years In which he maintains the full investment i e without any partial repurchase during or after the plan period of 10 or 15 years

(d) Life insurance cover will cease to be available as the entire targeted amount has been contributed.

7. Units will be repurchased at NAV based price which is currently determined on a weekly bams. Presently, (i) The executors or administrators to the estate of the deceased member or the holder of succession certificate issued under Part X of the Indian Succession Act, 1925 (39 of 1925) shall upon providing such evidence to his title, as the Trust shall consider sufficient, be entitled to receive from the Trust, an amount equivalent to the regurchase price of units standing in the name of the deceased member prevailingPART III—SEC. 4] THE GAZETTE OF INDIA, MAY 19, 200] (VAISAKHA 29, 1921) 1215 on the date on which the Trust's requirements in connection with the settlement of the claim are complied with in full, besides the insurance amount indicated in sub-clause (ii) below.

mountaineering, steeplechasmg or racing of any kind; of

" the member committing any brea^n of the law

(b) Where a person Is nominated:

(ii) Payment towards the amount of insurance cover will be limited to the extent indicated in the following table:

Extent of the amount

of the Life Insurance

cover payable to

the succes*or/noiM|fiee

(i) In the event of the death of a member before completion of the period of the plan, the membership of the member shall stand terminated and the nominee will be recognised by the Trust as the person entitled to receive the following payments on its being fully satisfied, in the prescribed manner about the death of tha member.

Period elapsed since

the commencement of

membership/date of

revival of the

membership and

death of the member.

Less than 6 months

Refund of premia paid to LIC or any insurance company providing the life insurance cover between the date of commencement of the participation or the date of reinstatement of the participation, as the case may be, and the date of death

6 months and above but less than 1 y"ar

50% of the target amount unpaid but not due.

1 year and above

100% of the target amount unpaid but not due.

(iii) However, the limitation indicated in table at (ii) above will not apply in case of death due to an accident and the claimant in such case may get full amount of the life insurance cover viz. the unpaid but not due target amount

(iv) Explanation

"Death due to accident" shall mean death occurring within six calendar months of the happening of bodily injury, resulting solely and directly from accident caused by violent, external and visible means independent of any other cause but not the death caused by/resulting from:

(a) the repurchase proceeds of units standing in the name of the deceased member at the price prevailing on the date on which the Trust's requirements in connection with settlement of nominee's claim are complied with in all respects, and

(b) the amount payable by the LIC or by any other insurance company towards the life insurance cover on the life of the deceased member as indicated in the table given in sub-clause (12 iai .n above

(II) NO interest shall on any account oe payable to the claimant on the amount cue under sub clause (12)(a)(nj above Note: (a) Life insurance cover for female mernoers having no regular and independent income is restricted to a maximum of Rs 40 000 - and the premia payable to LIC for such female members will be calculated only for the target amount of Rs 40,000 - even where the target amount selected by the member is above Rs 40,000'-

(b) Minor children above the age of 12 years are allowed to join the plan However such children having regular and independent income only will be eligible for the life insurance cover

13. Personal Accident Insurance Cover

• intentional self-injury, suicide or attempted suicide, insanity or immorality or whilst the member is under the influence of intoxicating liquor, drug or narcotics; or

• injuries from riots, civil commotion, rebellion, war (whether war be declared or not), invasion, hunting, (a) The Trust in addition to life insurance cover may also extend the benefits of personal accident insurance cover under arrangement with an insurance company (hereinafter referred to as 'Insurer') to the members of the plan to such extent and to cover such risks as the Trust may decide and deem proper. The benefit of any such personal accident insurance cover that the3236 THE GAZETTE OF INDIA, MAY 19, 2001 (VA1SAKHA 29, 1923) [PAKT III—She 4 Trust may extend shall be subject to such terms, provisions, exclusions, definitions and conditions expressed or endorsed in the policy which the Trust may procure from the Insurer for the benefit of the member.

Its own discretion, to such surviving member or in case of death of the member to the legal heirs/nominee as defined In clause VIII (1-2)(a) & (b) as It may deem fit and the members/ nominees shall have no claim whatsoever as to the entitlement or the continuance thereof.

(b) The payment of premla to the insurer shall form

part of the' recurring expense of the plan.

(i) The personal accident insurance cover In respect of death or disability or injury arising out of an accident shall be available to a member on •& year to year basis commencing from the date of membership and ending with tfie cessation of the membership.

(c) The amount of personal accident insurance cover will be such as may be decided by the Trust under arrangements with the Insurer from time to time. Presently, the personal accident insurance cover available to a member is upto the maximum of Rs. 50,000/- which is irrespective of the number of memberships or target amount/s he might be having.

(j) Any claim preferred to in respect of death or disability or injury of a member arising out of an accident, shall be confined to the year for which the personal accident insurance cover is valid and operative.

(d) The amount of personal accident insurance cover will depend on the nature of the accident and will be limited to the extent indicated in the table-below:

(k) The decision of the Trust In the matter of deajlng with or settlement of the claim In respect of the personal accident insurance cover shall be final and no member or any claimant shall have any recourse to the Insurer on any ground whatsoever. As regards the personal accident insurance cover benefit extended to the members of the plan, the members would be deemed to have acquired the membership of the plan only on this express understanding.

(I) The Trust shall be at liberty to withdraw any time the benefit of personal accident Insurance cover, both in respect of the existing as well as the future members, without giving any notice If it considers expedient or necessary to do so in the Interest of the Trust/scheme.

IX. INCOME DISTRIBUTION &

MATURITY BONUS

1. The Income earned by or accrued to the scheme will be ploughed back in the scheme and therefore the scheme will not make any income distribution. However, there is no assurance of any fixed rate of return.

(e) If a member Is participating In the plan under one or more memberships the benefit of the personal accident v insurance cover can be availed of or would accrue to such member only in respect of one of the memberships irrespective of the number of memberships taken by him.

2. Notwithstanding what Is stated In sub clause 1 above, In appropriate circumstances the Trust may, at its discretion, consider distribution of income earned out of the Income accrued to the scheme and/or out of the balance, If any, in revenue reserve.

(f) In the event of an injury arising out of an accident, resulting In the death of the member the benefit of such personal accident insurance cover will be available to the nominee or to the legal heir as defined In clause VIII (12) (a) (i) In case where a person has not been nominated.

3. Generally income distribution, if any, will automatically get reinvested in the scheme at the NAV prevailing as on the date fixed for such distribution and units including fractional units will |>e credited to the accounts of the members.

(g) If a member meeting with the accident Is alive, the benefits of personal accident insurance will be provided to the member only.

(h) The benefits of such personal accident Insurance cover will be extended by the Trust at

4. Reinvestment of income distributed, if any, where a member has died and where claim has not been•PART HI—SEC. 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) 3237 made or-settled or where the instalments are in default beyond the period available for revival of the membership, will nof, in any manner, imply admission by the Trust of the claim of the nominee/ legal heir or revival of the membership.

5. If it is. decided to make payment of the income distribution, if any, the same will be paid by issue of income distribution warrants or through ECS within a period not exceeding 42 days from the date of declaration of such income distribution or such period as may be prescribed by SJEBI from time to time.

6. Maturity bonus:

(a) On completion of 10/15 year period a member will be entitled to get maturity, bonus of 5%/ 7.5% of the target amount respectively. The amount of the maturity bonus at the time of maturity will automatically get invested in units at the repurchase price applicable on the date of completion of the 10/15 year period.

(b) If the member pays all instalments of RCs under the plan and dies in the last year before the completion .of 10 years or 15 years period, the nominee or the legal heir as defined in clause VIII (12) Is entitled to receive full maturity bonus.

(c) In case of death of the member during the plan period even before payment of all due RCs, the Trust may consider making payment of maturity bonus ® 0.5% p.a. for each completed year in the plan to the nominee/legal heirs as defined in clause VIII (12).

(d) No maturity bonus will be payable by the Trust to • member who makes any partial ripurehaswt during the plan parted,

7. PetMnaturtty bonttii

The member will be paid p©§?=mitufify benua @ B,§% ef t h f i u f f it amount f§r @a§h §§mpl§ted year after the maturity data provided hi maintains the full investment \m> wrtheut any partial F§puf§ha§§ BviGire V* aner me pinn penes:

": satm pAFiwuiars af flv^atoMi

(a) 1" haa been made mandatory by t i ll tor investors t§ fumith bank #§@@unt paftieulam aueh as, nature ef atgeunt, aeeeunt number and name and address of bank branch in the application. In cases where the bank account particulars ate,not furnished at the time of joining the plan the same will be required to be furnished at the time of redemption/repurchase.

(c) In such cases the bank branch of the member will credit the member's account and indicate the credit entry with "ECS" in his passbook/ statement of bank account. The member shall be sent a statement of income distribution, giving details of the payment through ECS.

(d) The applicants are advised to furnish name and address of the bank branch, nature and number u' au-oun* P" ritqi* bank and branch M1CR code number i" ib

9. Capitalisation and Issue of Bonus units:

(a) The Board may capitalise any sum for the time being standing to the credit of any reserve fund, unit premium account or any such reserve including any amount available for distribution to the members of the scheme and that such sum bs utilised or distributed for the purpose and In manner specified in sub-clause (b) hereinbelow (or the members who would have been entitled thereto If distributed by way of Income en the units held by them and In the •arne proportions,

(b) The sum aforesaid shall be applied, subject te th§ provision contained in sub=elaut§ (@), either in er towards paying up in full th§ units, te be i§suid, §n©tt§d i nd orttiitid n fully said up to and amenpt iueh m§mb§rs in the prep©rti§n af§r§§aid=

(§) TM §§afd may a§§§rdmgiy make §ppr©priati§n§ and appfeatiens §f the sum dseidsd by it te &§ §§ eapitaliitd by ali§?m§n1 and i§§u" §f fully paid=up unite g§ benu§ unite, and genially d@ all aets and,thtn§§ required te gfVS Bfreet TneretO:

(a) t he b§fiu§ units §e ailottsd ana issued a§ aforesaid will as regards rights and entitlements rank part passu with the units in existence on the record date (determined by the Board) in respect of which they are allotted, and issued to all intents and purposes.

(e) Interest crested/options exercised by a member on the units under a folio by way of nomination 18—69 GI/200!

will automatically apply to the bonus units, subject to the member opting otherwise.

(i) Type of scheme: Unit Linked Insurance Plan is an open end tax saving cum insurance plan.

(ii) Investment objective: as provided under X. INVESTMENT OBJECTIVES, POLICIES & STOCK LENDING

clause X of this offer document.

1. Investment Objective :

(iii) Terms of issue: provisions in this offer document in respect of repurchase of units and expenses.

(b) Any change in the fundamental attributes of the

scheme will be carried out only if:

(a) Investment objectives of the scheme is primarily to provide return through growth In the NAV or through income distribution and reinvestment thereof. Amounts collected under the scheme shall generally be invested as follows:

(i) the existing members are intimated by

individual communication; and (i) Not less than 60% of the funds in debt Instruments with low to medium risk profile.

(II) Not more than 40% of the funds in equities

and equity related instruments.

(ii) an advertisement is given in English dairy newspaper having circulation all over India and also in a Marathi newspaper in Mumbai.

(b) Minimum and maximum asset allocation:

(iii) the members are given an option to exit at

prevailing NAV without any exit load.

Debt - Minimum 60% Maximum 100% Equity - Maximum 40%

(c) The Board may from time to time add to or otherwise amend this scheme and the plan made thereunder and any amendment/addition thereof will be notified In the Official Gazette as required in terms of the Act. (c) The plan may bring down the level of equity component In the portfolio to a maximum of 30% over a period of 3 years (i.e, June, 2003) or such extended period as may be decided by the Trust. In such event the minimum debt com- ponent would s'tand Increased to 70%. As on 30th September, 2000, the composition of the portfolio was as under

Equity 45.44% Debentures 39.41% Term Loans 9 86%

(d) Any- change/amendment/modrfication of the fundamental attributes of the scheme and the plan made thereunder will be made wtth the prior approval of the SEBI. In respect of other changes/amendments/modifications not being of fundamental nature and not affecting the interest of the member adversely, SEBI will be kept informed.

3. Investment Policies

Rest is in government securities and money market instruments. As on June 30, 2000 the provision towards income considered doubtful was Rs. 182.06 crore. The provision towards doubtful Investments and deposits was Rs. 400.99 crore.

(a) The scheme shall not invest more than 15% of its NAV in debt instruments issued by a single issuer which are rated not below investment grade by a credit rating agency authorised to carry our such activity under SEBI. Such investment limit may be extended to 20% of the NAV of scheme with the prior approval of the Board of Trustees. Provided that such limit shall not be applicable for investments in government securities and money market Instruments. l (d) No fixed allocation will normally be made for investment in money market instruments. Investment in money market instruments will however be kept to the minimum so as to be able to meet the liquidity needs of the scheme. However, pending deployment of funds of the scheme in securities in accordance with Its' investment objective, as stated above, the Trust may Invest the surplus in money market Instruments.

(e) The Trust retains the option to alter the asset allocation for a short term period on defensive considerations.

Fundamental Attributes

(b) The scheme shall ,not invest more than 10% of its NAV in unrated debt instruments issued by a single issuer and the total investment in such instruments shall not exceed 25% of the NAV of the scheme. All such investments shall be made with the prior approval of the Board of Trustees. Provided further that investment within such limit can be made in mortgaged backed securltised debt which are rated not below (a) "Fundamental attributes" mean the following:

Investment grade by a c/edit rating agency registered with SEBI.

0) Based upon the liquidity needs, the scheme may invest in Government of India/State Government Securities without any restriction on the extent to which such investment can be made.

(k) The scheme shall invest not more than 10% of

its NAV in the equity shares or equity related instruments of any company.

(c) The existing investments under the scheme in term loans/other non transferable instruments will be continued to be held in the scheme until they are fully repaid or sold/disinvested. However, no fresh Investments in term loans/ other non-transferab'° instruments will be made by, the scheme.

(d) The Trust shaH, get the securities purchased by

it transferred in its name.

(I) The scheme shall not invest more than 5% of its NAV in the unlisted equity shares and equity related- instruments.

4. Corporate Investment In the Trust's Schemes and

the Trust's Investments In these companies.

(e) The Trust shall buy and sell securities on the basis of deliveries. and shall in all cases of purchases, take delivery of relative securities and in all eases of sale, deliver the securities and shall in -no case put itself in a position whereby it has to make short sale or carry forward transaction or engage in badla finance.

(I) List of schemes wherein companies have invested more than 5% of the net asset value of a scheme as on 30/06/2000.

(f) Stock Lending

(i) The scheme will participate in the stock lending programme, in accordance with the terms of securities lending scheme announced by SEBI. The activity shall be carried out thrdug"h some approved intermediary.

(ii) The maximum exposure of the scheme to a single intermediary in the stock lending programme at any point of time would be 10% of the market value of the equity portfolio of the scheme.

(iii) If UTI is permitted to borrow stocks the scheme may in appropriate circumstances borrow stocks' in accordance with SEBI guidelines in that regard.

(g) The scheme may invest in securities issued by overseas/foreign companies -and listed abroad or securities issued by Indian Corporates to foreign/overseas investors and listed on foreign stock exchange directly by subscribing to such issues or purchasing them on the foreign stock exchanges in accordance with the SEBI/RBI guidelines issued in that regard from time to time.

(h) The scheme shall not make any investment in;

(i) any unlisted security of an associate or

group company of the Trust; or

(n) any security issued by way of private placement by an associate or group company of the Trust; or

(in) the listed securities of group companies of the Trust which is in excess of 25% of the net assets.

(i) Investment in non publicly offered debt: Depending upon the available yield the scheme would be investing in non-publicly offered debt securities.

These Investments were made by UTI In the normal

course of Its business activities.

(il) Investment made by the above scheme or any other scheme of UTI in the above companies or their subsidiaries on an aggregate basis as on 30.06.2000.

Hs. crore XI. INTER-SCHEME TRANSFERS

Total

Company Nam" ,

Equity

(Cost)

Debt

(Cost)

Deposits/ Term Loans

0.00 43.10 Bharat Electronics

43,10 ' 0.00

0.00 363.16 HDFC

269.00 94 16

; Hind Lever Ltd. 1862.36

0.00 1862 35

0.00

IDBI

346.59 2302.58

2649 17

0 00

I IDBI Bank Lid (Subsidiary of IDBI)

0.00

0.63 25.00

25.63

257.27

844.53 State Bank of India

0,00 587.26

0 00 State Bank of Hyderabad 0.00 0.76

0.76 1 Transfer of investments from/to this scheme to/from another scheme/plan of the Trust shall be done only if such transfers are on spot basis and are at the (a) prevailing market price for quoted instruments, explanation: "spot basis" shall have the same meaning as specified by the stock exchanges for spot transactions and (b) the securities so transferred are in conformity with the investment objective of the scheme/plan to which such transfers are made; and

2, Transfer of unlisted or unquoted investments from/to the plan to/from another scheme/plan of the Trust shall be done as per the policies laid down by the Board of Trustees of the Trust.

XII. ASSOCIATE TRANSACTIONS &

BORROWINGS

Union Bank of

50.06

one

0.00

50 06

(1) Associate Transactions

114.12 U ll Bank Ltc

0.00 89 12 25.00

5952 88 TOTAL

3198 0512754.83

0.00

i

(III) Investment made by the above scheme or any other scheme of UTI in the above companies or their subsidiaries on an aggregate basis as on 30.06.1999.

As advised by SEBI purchase and sale of securities for the plan through UTI Securities Exchange Ltd. during any block of three months shall not exceed 5% of aggregate purchase arid sale of securities made by the plan.

(2) Borrowings

Rs. crore

Total

Company

Name

Equity (Cost)

Debt (Cost)

Deposits/ Term Loans _ .

.

57.90

n.oo 57.90 296.00

. -0 58 13

354.13

0.00 1535.09

0 44 (A) The scheme shall not borrow except to meet temporary liquidity needs of the scheme and the plan made thereunder for the purpose of repurchase, redemption of units or payment of interest or income to the members. Provided that the scheme shall not borrow more than 20% of the net asset of the scheme and the duration of such a borrowing shall not exceed a period of six months.

1534.65 0.00

355.71

2311 r>r'

1&65.88

OuO •Hi

0 0 •":

(B)

• 0.00

(a) The Trust iay borrow, whether in India or nutsidp India from any authority or person, not being Government or the Reserve Bank against such security and on such v, and cond'iions =is may be agreua

upot i

(b) The Trust may borrow money from the

Rescve Bank

2069.89

(i) repayable on demand or on the expiry of a fixed period not exceeding ninetypAkT HI—SEC. 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA, 29, 1923) 3241 days from the date on which the money Is so borrowed, against stocks, funds and securities (other than immovable property) in which a trustee is authorised to invest trust money by any law for the time being in force in India;

(ii) repayable on demand or within a period of eighteen months from the date on which the money is so borrowed, against the security of the bonds which the Trust may issue with the approval of the -Central Government;

previous Wednesday. In the event of any Wednesday befhg a holiday in Mumbai, the NAV will b6_ computed as on the previous working day.

(d) The NAV, sale and repurchase price will be issued to the press for publication latest ,by Friday and will be available on fax on demand and also on Unit Trust's Website.

(e) If the Trust change the periodicity of NAV cafculation to daily, or at other interval(s) an announcement to that effect will be made.

2. Valuation of assets pertaining to this scheme

(iii) on suchf terms and conditions and against the security of such other property of the Trust as may be specified In this behalf by the Reserve Bank for the purposes of any scheme other than the first unit scheme:

Provided that any amount borrowed under this clause and outstanding at any one time shall not exceed:

(i) five crore of rupees in respect of each such scheme; and

(ii) ten crore of rupees in respect of all such schemes in the aggregate.

(c) The bonds issued by the Trust under sub- section (b) shall be guaranteed by the Central Government as to the repayment of principal and the payment of interest at such rate as may be fixed by the Central Government at the time the bonds are issued.

(a) Quoted investments including those under lock- in period but except government securities are valued at the closing market rates on the valuation date and in its absence, at the latest available quote within a period of sixty days prior to the valuation date. If no quotes! are available for a period of sixty days prior to the valuation date, the same is treated as unquoted investment.

(b) Quoted government securities are valued at closing NSE/SGL/BSE/OTCEI (as and when they start trading in government securities) market rates on the valuation date and in its absence the latest available quote within a period of seven days prior to the valuation date. If no quotes are available for a period of seven days prior to the valuation date the same are treated as unquoted government securities.

(c) In case of quoted debentures and bonds, the market rate, being cum-interest, the same is adjusted for the interest element, if any.

(d) Right entitlements for shares are valued at market rates, discounted for dividend element, wherever applicable.

XIII. NAV DETERMINATION &

VALUATION OF ASSETS

1. Computation and disclosure of Net Asset Valge

(e) Unquoted preference shares/cumulative convertible preference shares are taken at cost.

(NAV):

(a) The Net Asset Value of the units issued under the scheme shall be calculate 1 by determining the value of the scheme's assets and subtracting the liabilities of the scheme taking into consideration the accruals and provisions.

(b) The NAV per unit shall be calculated by dividing the NAV of the scheme by the total number of units Issued and outstanding on that date.

(c) The NAV shall be declared on a weekly basis to be applicable for transactions from next Monday to Sunday with the valuation day being the (f) Unquoted equity shares are valued on fair valuation" basis as determined by the Board of Trustees from time to time.

(g) Unquoted debentures, bonds, term loans and transferable notes are valued at yield to maturity, linked to the yield on GOI Securities (yield curve) along with a mark up approved by the Board of Trustees,

(h) Unquoted warrants are valued at the market rate of the underlying equity shares discounted for dividend element, if any, and reduced by the exercise price payable. In cases where the3242 THE GA OF INDIA, MAY 19, „ i (VAISAKHA 29, 1 I [PART m—SEC. 4 exercise price payable is higher than the value so derived, the value of warrants is taken as nil (i) Unquoted Government Securities are valued at yield to maturity based on trje prevailing interest rates.

(j) Convertible debentures and bonds where composite market quotations are not available, the convertible portion is valued at the market rate relevant to equity shares, discounted for dividend element, if any. The non-convertible portion if any, of such debentures and bonds is valued as in (g) above. Where terms of conversion are not specified in respect of the convertible portion, the same is taken at cost.

(k) Capital indexed bonds are valued on cost basis.

(d) Profit or loss and premium on redemption of debenture/bonds are recognised on the due date.

(e) Underwriting commission is recognised as revenue on receipt basis when there Is no devolvement. In case of devolvement, the/full underwriting commission Is reduced from the cost of such investments.

(f) Frpnt-end fee on Investments In shares and debentures is reduced from the cost of ^uch Investments.

(I) Valuation policies for Money Market

Instruments:-

(i) Money market instruments and other investments are taken at book value.

(ii) The money invested in inter bank call market is taken at cost.

(g) The difference between purchase price and the maturity value in respect of zero coupon bonds, deep discount bonds and other long term discounted instruments js treated as income over the remaining life of the Instrument on YTM basis.

(h) Other income is accounted for on receipt b^sis.

2. Expenses

(a) Expenses are accounted for on accrual basis.

(b) Certain common expenses incurred through Unit Scheme 1964, are allocated to the other schemes as per the provisions of Sec. 25 (4) of the Act,

(c) Unit Scheme 1964 which owns the fixed assets, recovers lease rent, on an approved basis, from other schemes for their usage of the said assets.

3. Investments

(iii) The money invested in discount/interest earning instruments is valued at the yield at which the instrument was last traded. For this purpose the latest available quote within a period of two working days, prior to the valuation date is considered. When there are no quotes available in the last two working days, the instrument is valued at cost plus the difference between the face value and the cost, applied unifornhly over the remaining maturity of the instrument.

(iv) Other money market instruments, including unquoted debentures are valued" at cost plus the difference between the face value and cost, applied uniformly over the remaining maturity of the instrument.

(a) Investments are stated at cost or written down cost.

(b) In case of secondary market transactions investments are recognised on trade dates.

(c) Subscription to primary market issues is accounted as Investments, on allotment.

XIV. ACCOUNTING POLICIES

(d) Bonus/right entitlements are recognised on ex- 1. Income recognition

(a) Dividend income on listed equity shares is accrued on the ex-dividend date. Dividend income on unlisted equity shares and preference shares is accounted on receipt basis.

(b) Interest on investments and commitment charges is accounted for on accrual basis.

bonus/ex-rlght dates.

(e) Investment viz., debenture/bonds, loans and deposits are transferred to current assets on the redemption/due date.

(f) The cost of investments Include brokerage and service tax but does not include stamp fees which is charged to revenue.

4. Provisions and Depreciation:

(A) Provisions against the Income considered

(c) Profit or loss on sale of investments is recognised on the trade dates on the basis of weighted average cost.

doubtful:

Provision is made In respect of Interest income remaining past due for two quarters or more. Provision is made In respect of dividend at the year end, where It . remains outstanding for more than one year from the ex-dlvidend date.

outstanding instalments. The overall provision for such assets is limited to the percentage mentioned in the above table (upto 50% for secured and 100% for unsecured assets) or the amount in default whichever is higher.

(B) Depreciation In the value of Investments

(i) The aggregate value of investments as computed in accordance with clause Xlll(2) above is compared to the aggregate cost of such investments and the resultant depreciation, If any, is charged to General Reserve/Unit Premium Reserve. In case such aggregate value exceeds the aggregate cost or the aggregate value as at the end of the previous year, the appreciation is added to Unit Premium Reserve/General Reserve to the extent depreciation was previously adjusted.

(II) In cases where unquoted equity or preference shares, were written off in the earlier years, the cost of such investment is written back to its cost, as and when a quote, or fair value is available.

Any subsequent instalments in such cases where the original default continues, are provided after 30 days from the respective due dates.

(v) In case of funding of interest by way of capitalisation of outstanding Interest dues, the same is provided irrespective of the period of default.

(vi) Provisions for non performing assets are charged to Unit Premium Reserve/General Reserve/Revenue Account as the case may be.

(vii) Provisions made under paragraph 4(A) and 4(B) (iv) are written back on receipt or on restructuring of the assets. Provisions under 4(B) (v) are written back on receipt basis.

5. Income Distribution :

Provision for income distribution declared, if any, is made on unit capital at rates approved by the Board of Trustees.

6. Maturity Bonus

(lii) Assets where Interest is remaining past due for two quarters or more are classified as non performing assets. Provision for such assets is made individually (as stated in the table below). Such provisions are not made for other performing assets of the same company.

(a) Liability for maturity bonus including post- maturity bonus with effect from 1" July 2000 will be provided for every year by debiting the accrued maturity bonus to the revenue account. Unprovided liability in this regard for the period up to 30th June 2000 will be amortised in appropriate annual instalment/s as may be decided by the Trust.

(Iv) Where principal repayment remains outstanding

(b) Provision for Income Distribution, if any, maturity bonus, including post-maturity bonus, agents' commission and appropriation towards premium payable to LIC on application money received on sale of units, Is made on subsequent capitalisation thereof.

7. Publication of Financial Results:

(a) for two quarters beyond the past due period in respect of the debt instruments with a balance maturity of not more than 3 years and

(b) for one year beyond the past due period in respect of debt instruments with a balance maturity of more than 3 years, provision is made for such The unaudited financial results as on 3 1" December will be published within 2 months and audited annual results as on 30th June will be published within four months of finalisation of accounts in one English daily and one Marathi daily in Mumbal. The portfolio of the scheme will be disclosed at least every calendar quarter through a press release within 21 days of the ending of the quarter or as may be prescribed by SEBI.

8. Equalisation

As the units are sold/repurchased at NAV related prices, the premium/discount to face value is apportioned as under:

(a) Amount equivalent to distributable income/

deficit is credited/charged to revenue.

(b) The portion representing management expenses of sale of units is deducted from total expenses.

individual, whose income derived from the exercise of his profession as an author, playwright, artist, musician, actor or sportsman (including an athlete), is 25% or more of his total income, such investor is entitled to the tax rebate of 25% on the contribution amount subject to the maximum investment of Rs 70,000/- in a year, that is a maximum tax rebate of Rs. 17,500/- per annum. In case of a member withdrawing from the plan without contributing for a minimum period of 5 years then the member will lose the tax benefit as stipulated in sub-section (7) of section 88 The tax rebate, in the case of individual is available for self, one's spouse and children.

(c) The balance if any, is credited/charged to unit Premium Reserve/General Reserve/Revenue Appropriation Account

9. Policy Changes :

2. Investments by NRIs will qualify for rebate under section 88 of Ihe Income tax Act 1961, if the investment is made from income chargeable to tax in India.

3. Currently income, if any, leceived by all the categories of members under all schemes/plans of the Trust is totally free from tax under Section 10 (33) ot the Incoina Tax Act, 1961

(a) Notwithstanding anything contained In

respect of clauses X (3) and XIII, the

Investment policies, determination of NAV

and valuation of assets, fixation of

repurchase price and frequency of disclosure

of NAV, repurchase price and portfolio would

be In accordance with the provisions of SEBI

(MFs) Regulatlons/Guldelln"B/Dlr"ctlve"

Issued by SEBI from time to time.

4. Undor the current tax laws, there is no deduction of tax at source by tho Trust, for all the members, lrnii,pHL.ii,. of the amount/income received by the .member d un the scheme As pot Tmanco Act, 2000, the plan is required to pay an income distribution tax at the rato of 20% and surcharge of 10% thereon under Section 115R of the Income Tax Act, 1 yo 1 on iho .'imount of income distributed, If any, by it.

(b) With effect from 01.01.2001, valuation of

assets/identification and provisioning for

NPAs/accounting policies contained In

clauses XIII & XIV harttln above would be In

accordance with the guidelines issued by

SEBI vide their circular no. Mf D/CIR/8/92/

2000 dated 18lh September 2000, subject to

suoh further amendments/regulations/

directives, If any, as may be prescribed by

SEBl from time to time.

XV. TAX TREATMENT OF

INVESTMENTS

As par the taxation laws in force as on the data of tha offtr deoumvnt, ths tax benefit* that are available, to the Investors itivpstlng irv-unlts ot the plan ere • t a t td bfllow i

5. Currently, any long term capital gains arising out of Investment In the nch"ma by resldtnts and NRIs out of Investment In tha schema by residents and NRIs out of rupee originated or NRO funds will Be subjact to treatment Irxllculod undar motions 40 and 112 ot tha Income Tax Act, 1961. At present an Investor Is required to pay tax ($20% plus 10% surcharge on long term capital gains after fsetaring the benefit ef Sost Inflation Indexation, AS per Finance Act, 3000, investor ean instead opt ta pay en such lens term capital game at the rate of 10% plus surcharge witheut Indexation.

6. The eapital p i ne aeerulng to investment mad§ through NHE aeeeunt§ §r by femittanee ef funds in ferelgn eurrency are net taxable

I-. Value §f Investment In units under the plan is

eempletely exempt from Wealth Tax Per the purpo§§ ef thi& l a* treatment &et out harem "N&n-Masidont Indian (Nfti)" shall have the meaning as defined under thfe Aot. As par the A&t, "Nen^esldent Indian (N8I)" means han-fSBittent within the meaning ef Clause (96) flf Section 1 of the incaffle Ta* Aet, 1881 (49 df 1981) and a person shall be deemed to be a "perBen ttf Indian arigin" if he t>r either ot hie parents or any df hie grand parents howsoever high in d"aree ot ascent, whether on the paternal side ar on thtt maternal aids, was born In India, as defined In the Government of India Act, 1935, as originally enacted.

8. The Gift Tax Act, 1958' has abolished the levy of Gift

Tax In respect of gifts maae on or after V" October

1998. Thus, gift of units of the plan is fully exempt

from levy *of Gift Tax. However, benefits under

section 88 of the Income Tax Act 1961, in respect of

gifts of units under the plan to the person other than

the spouse of the donor and/or any child of such

donor will not be available to the donor

1. As per section 88 of the Income Tax Act, 1961, an

Individual entering the plan is entitled to the tax

rebate of 20% on the contribution amount subject to

the maximum investment of Rs. 60,000/- in a year,

that Is a maximum tax rebate of Rs. 12,000/- per

annum, As per the said section, In case of an

Unit Trust of India, "JQT foment University Basement, Door No.1, Sir V-thalJas Thackersey Marg, Mumbai 400020

* The Act.

* The Regulations

* The agreements wrth \ a ^.I>L ft.-. 'eu'S+rar'- The information stated above is only for the purposes of providing general.information to the investors. In- view of the individual nature of the'tax consequences, each investor is advised to consult his or her own tax consultant with respect, to the specific tax implications arising out of their participation in the plan.

and coltectng/pavtno t>ar4 * > > ' "•

* Copy oi Uftei uo ^iir.tj.it of Unr " SFB: (f.F?¹ R e g i s '- -

XV|. MEMBERS' RIGHTS & SERVICES

XVII. CONSTITUTION & MANAGEMENT OF UUIJ TRUST OF INDIA

1 Members under Ihe plan have a proportionate right •n the beneficial ownership of the assets of the plar .fd to the income, if any d^rlar^H hv the pi*tn

Constitution c' U71

2. The members have a right to ask the Trustees about any information which rrgv have an adverse bearing OP their investments and the Trustees shall be bound to disclose such information to the members

? " he members have the right to have the statement of accounts issued to them not later than 30 days from

.8 G3tts cf recent of the ir t.J contribution

Unit Trust of India i° -> s*"Vutory '••vpsr^ coT*ti*i i"e<1 under Unit Trust of In' a Act, 1963, * •• a view to encouraging saving and ^vestment ar.d oarticipation in the income, profi*s and gains accruing to the Trust from f ip acquisition, holding, management and disoosai of SB .unisex. ;* \*af' ' L'CK Vc v '' '

lyianagemsrtt on U U

19—69 GI/2001

1. Shrl P S Subramanyem

Entrepreneurship Development Institute of India, Ahmedabad.

4. Shrl N S Sekhsarla

Chairman, Unit Trust of India, Sir Vlthaldas

Thackersfty Marg, New Marino Lines,

Mumbal 400 020

Managing Director, Gujarat Ambuja Cements Ltd., 122, Maker Chambers III, Nariman Point, Mumbai 400 021

(i) Dy, Chairman-The Associated Cement Companies Ltd. (ii) Director - Radha Madhav Investments Ltd. (ill) Director - Ambuja Cement Foundation, (iv) Director - Ambuja Educational Institute,

5. Shrl Rajendra P Chltale

Managing Partner, M/s M P Chitale & Co., Chartered Accountants, Hamam House, 1" Floor, Ambalal Doshi Marg, Fort, Mumbai 400 001 (i) Chairman & Director-The India Fund, (II) Chairman & Director - India Growth Fund, (iii) Chairman & Director - India Access Ltd,, (Iv) Chairman & Director-The India Public Sector Fund Ltd. (v) Chairman of Governing Council - UTI Institute of. Capital Markets, (vl) Chairman & Director-UTI Investment Advisory Services Ltd. (vii) Chairman & Director - UTI Investor Services Ltd. (viii) Chairman & Director - UTI Securities ExchangeLtd., (ix) Director-UTI Bank Ltd. (x) Chairman & Director - Over-the-counter Exchange of India (xi) Member - Life Insurance Corporation of India, (xii) Director - National Stock Exchange of India Ltd. (xiii) Chairman and Director - The India IT Fund Ltd. (xiv) Chairman and Director - UTI - IAS (Mauritius) Ltd. (xv) Chairman and • Director - The India Media, Internet & Communication Fund Ltd. (xvi) Chairman and Director - The India Infrastructure Fund Ltd. (xvii) Chairman - Stock Holding Corporation of India Ltd. (xviii) Director - Securities Trading Corporation of India Ltd.

2. Shrl G P Munlappan

(i) Director - Small Industries Development Bank of India, (ii) Director - National Securities Clearing Corporation Ltd. (iii) Director -SBI Capital Markets Ltd. (Iv) Director - Zurich Asset Management Company (India) Ltd. (v) Director- Nut4Nuts Limited (vi) Member - Executive Committee (Governing Board) of National Stock Exchange (vii) Member - India Advisory Board of Bank of America NT & SA (vlll) Member • Investment Committee, Life Insurance Corporation of India.

6. Dr. V V DflMl

Executive Director, Reserve Bank Of India, Central Office Building, Mumbai 400 001

701, Neat House, College Lane, Dadar, Mumbai 3. Shrl G P Gupta

Advisor - ICICI Limited,

7. Shrl G N Bajpal

Chairman & Managing Director, IDBI, IDBI Towers, Cuffe Parade, Mumbal - 400 005

Chairman, Life Insurance Corporation of India, 'Yogakshema¹, Jeevan Bima Marg, Nariman Point, Mumbai 400 021

(i) Chairman-LIC Housing Finance Limited, (H) Chairman-LIC (International) EC., Bahrain, (iii) Director-General Insurance Corporation of India (iv) Director - National Housing Bank (v) Director- Discount & Finance House of India Ltd., (vii) Member - National Insurance Academy.

8. Shrl Jankl Ballabh,

Chairman, State Bank of India, Central Office, Post Box No. 12, Mumbai 400021

(i) Director-The India Fund (il) Director- India Growth Fund, (iil) Director - Discount and Finance House of India Ltd. (Iv) Director- Export-Import Bank of India, (v) Director- Securities Trading Corpn. of India, (vi) Director- Infrastructure Development Finance Co. of India Ltd, (vll) Director - Indian Airlines Ltd., (viii) Director - IDBI Bank Ltd. (ix) Director- National Stock Exchange of India Ltd., (x) Member - Life Insurance Corpn. of India, (xi) Member - General Insurance Corpn, of India (xii) Director - South Asia Regional Fund, (xiii) Chairman - South Asia Development Fund, (xiv) Council Member - Indian Institute of Bankers, (xv) Member - Bankers Training College (RBI), (xvi) Member - Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) (xvii) Member - Institute of Banking Personnel Selection (xvlli) Member-The Institute of Company Secretaries of India (xix) Director - Irldium LLC, USA (xx) Member-University of Delhi (Faculty of Management Studies) (xxl) President-

(i) Chairman - SBI Capital Markets Ltd., (ii) Chairman - SBI Funds Management Ltd,, (iii) Chairman-SBI Gilts Ltd. (iv) Chairman-SBI Securities Ltd. (v) Chairman-SBI Factors & Commercial Services Ltd, (vl) Chairman - SBI European Bank Ltd. (vll) Chairman-State BankPA("T III—SEC. 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) -1247

Academic Qualifications:

B.Com. MFM (Narsee Monjee Institute of Management Studies), CAIIB.

Experience:

At present with the Department of Funds Management which is responsible for management of Domestic Debt Oriented/Balanced Schemes. The work experience in UTI is as under:.

of Indore (viii) Chairman-State Bank of Saurashtra (ix) Chairman-State Bank of Patiala (x) Chairman- State Bank of Bikaner & Jaipur (xi) Chairman-State Bank of Hyderabad (xii) Chairman- State Bank of Mysore (xiii) Chairman-State Bank of Travancore (xiv) Chairman-State Bank of India (California) (xv) State Bank of India (Canada) (xvi) Chairman - SBI International (Mauritius) Ltd. (xvii) Chairman - SBI Cards & Payment Services P. Ltd.(xviii) Director -GE Capital Business Process Management Services P Ltd, (xix) Director- Export-Import Bank of India (xx) Member - Indian Banks Association (xxi) Member - Institute for Development & Research in Banking Technology.

0. Shrl D T Pel

Chairman & Managing Director, Syndicate Bank,

Manipal576 119

Member - Management Committee of Indian Banks Association.

10. Dr. Rakesh Mohan

Director General. National Council of Applied

Economic Research, Parlsila Bhawan,

Indraprastha Estate, New Delhi 110 002

Also worked in Financial Planning Cell of a diversified conglomerate from January 1991 to March 1992, XVIII. OTHER SERVICE PROVIDERS FOR THE SCHEME

1. Custodians

(i) Chairman - Expert Group on Railways, (ii) Member - Economic Advisory Council to the Prime Minister, (iii) Member - National Security Advisory Board, (iv) Part Time Member -Telecom Regulatory Authority of India, (v) Member- National Statistical Commission, (vi) Member - Committee on Competition Law & MRTP Act, (vii) Member - Board of Governors, Institute of Economic Growth, New Delhi, (viii) Member-Local Advisory Board, Dresdner Bank, (ix) Honorary Visiting Professor- Indian Institute of Technology, New Delhi, (x) Director - Infrastructure Development Finance Corporation, Chennai, (xi) Member - Board of Trustees, Economic & Social Research Foundation, Tanzania, (xii) Director-Small Industries Development Bank of India, Lucknow. (xiii) Member Secretary - Expert Committee on Small Scale Industry, Ministry of Industry, Government of India, 1996 (xiv) Member-Tariff Authority for Major Ports, Ministry of Surface Transport, Government of India, (xv) Chairman - Advisory Committee for National Accounts, Department of Statistics, Government of India, (xvi) Member - Bureau of Public Enterprises, Government of Rajasthan.

(a) Stock Holding Corporation of India situated at Mittal Court, B-Wing, Nariman Point, Mumbai 400 021, have been functioning as custodian for all our schemes and plans as per the agreement entered into with them on January 17, 1994.

(b) The custodians are required to take delivery of all securities belonging to schemes/funds/plans of the Trust and hold them in custody (c) The custodians will deliver the securities only as per instructions from the Trust and on receipt of the consideration.

Management of the Fund:

Ms. Swati Kulkarni, Manager will be the Fund Manager of the scheme.

(d) The custodian shall be generally authorised to attend to all non-discretionary and procedural details for discharge of normal custodial functions in connection with the sale, purchase,3248 THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) [PART III—SEC. 4 trarr-Ier ana othtsr dealings with the securities, otre- itswts hela by them as an ayerit except as may otherwise be directed by the Trust.

ie) Cuslod'ans shall provide all

4. Collecting Banker/Paying Banker: UTI-Bank Ltd. and or such othei banks registered with SEBI may be' appointed as the collecting banker(s)/paying banker(s)

or any explanation sought" by the Trust or the auditors of the Trust for the purpose if audit and for physical verification and reconciliation of Securities belonging to the schemes/ funds / plans of the Trust.

(f) The SEBI registration number of SHCIL is IN/

UTI Bank Ltd. (INB 100000017) Central Office, Maker Tower-F, 13th floor, Cuffe Parade, Colaba, Mumbai-400 005 CUS/011

(g) Tariff structure of SHCIL is as under:

XIX. INVESTORS' GRIEVANCE

REDRESSAL

Domatenalisation

1. All investors could refer their grievances giving full particulars of investment to concerned Investors' Relation Cell at the following addresses:

Purchase

Sale

Custody

WESTERN ZONE: EASTERN ZONE: Ms. Tanvi Upadhye/ Shrl R K Mangle Shn Prakash Unit Trust of India Sahasrabudhe Investors' Relation Cell Unit Trust of India 4, Fairlie Place Investors' Relation Cell Calcutta 700 001 "Gn" Block, Tel: 243 5947/210 7698 Bandra - Kurla Complex, Bandra (East) Mumbai 400 051 Tel: 652 0850

Off market purchases

Off market Sales llnd floor, RematerRli^atior.

SOUTHERN ZONE NORTHERN ZONE Ms. Jayasudha K. Shrt D K Gandhi Unit Trust of India Unit Trust of India Investors' Relation Cell Investors' Relation Cell UTI-House, 29, Herald House, Rajaji Salai, Chennai 600 001 5A, Bahadur Shah Zafar Tol: 5P60146 Marg,

New Delhi 110 002. Tel.: 332 1801/3315574 2. Investor complaints redrescal record 2, Auditors

Complaints received, redressed and pending for the lact three years are:

M/s. Cliarurvedi & Company, C*iJ-1ored Accountants. 60, Bentik Street, Oalcitt? "00 06^ and M/s Batlibm &. Purohit, Chartered 'Accountants, National li> urance Building, ^04, D N Roar⁵, Fort, Mumfcai 400 001. The auditors of the scheme are appointed b\ IDBI and they are subject to chanqe from yeai to vrtar

3 Registrars

The processing of applications and after sales service!) will Lib handled by the bmnch offices of the Trust The Trust has adequate capacity to discharge itft respuiibu-i.t!^¹- Ytfitf' regard to orocesalny of applications rta-spatch ot stalnmai' ot accounts, handling >< r tw sales services within the prescribed time frar-,>. •> :> handling of investor complaints.

Saheme-wlse details of complaints received, redressed and pending for the period 01/12/99 to 30/11/2000 are given below:

GA h OF , A, MAY 19, 2001 (VAISAKHA 29, 1923) [PART III—SEC. 4

3. Neither SEBI nor any other Regulatory Agency has specifically advised that any deficiency in the systems and operations of the Unit Trust of India be disclosed in the offer document.

4. There are no enquiry/adjudication proceedings under the. SEBI Act and the Regulations t made thereunder, against Unit Trust of India, Board of Trustees/Trustee or key personnel.

XXI. CONDENSED FINANCIAL

INFORMATION

The condensed financial Information for the years 1997- 98. 1998-99 and 1999-2000 for all schemes launched during the last three years Is annexed. For and on behalf of the Board of Trustees of the Unit Trust of India

Sa7- (B.G. DAGA) Executive Director Business Development & Marketing Date: April 07, 2000 Mumbai

Reasons for pending complaints are :

(i) Non-receipt of appllcatipn/funds from the collecting banks,

(ii) Incomplete details of the investor h the application including address, name and signature of the investor,

(iii) Change of address of investor not informed/not

updated.

(iv) Loss in transit,

(v) Postal delay,

(vi) Non compliance of required documents in case of transfer/death claims/Repurchase,

(vii) Incomplete details while forwarding the complaints, (viii) Non-receipt/Delayed receipt of commission,

(ix) Letters/Documents sent to the wrong office/ Registrars,

XX. PENALTIES, PENDING

LITIGATIONS, MATERIAL FINDINGS OF

INSPECTIONS/INVESTIGATIONS

1. There are no cases relating to penalties awarded by SEBI under the SEBI Act or any of its regulations or by any Stock Exchanges (where the units of the schemes of UTI are listed) against the Unit Trust of India/Board of Trustees, or any of the Trustees or key personnel (specifically the fund managers).

2. There are no pending material litigation proceedings incidental to the business of the Unit Trust of India including the Board of Trustees or any of the' trustees or key personnel. There are no pending criminal cases against the Unit Trust of India, Board of Trustees or any of the Trustees or key personnel.

*Assumptlons: 1. The investor is able to continue in the scheme since Inception.

2. The Investor invests 10 annual contributions from 1971-1980.

3. The insurance premium of 1 % is deducted from the contribution and the balance Is converted in units at par.

4. The Income distribution is reinvested at prevailing sale prices in July every year.

P A R T

CONDENSED FINANCIAL INFORMATION

O F

I

N D

I

A

,

M A Y

1 9

,

2 0 0 1

(

I

N D

I

A

,

M A Y

1 9

,

2 0 0 1

(

V A

I

4

A

,

3 2 5 3

I / CixmiaSve Option

N D 1 Non Cunxriadive Opacxi

I

A

, • Annual hicome Opton

$ Deferred Income Opfen & Capial Growth Option

@ OtrOpbon

# 15%upto31.03.96

M A Y 1 9

, E 13% ^ to 31.03.99,

££ date of launch es gwen ss they are open ended.

2 0 0 1

( D A single NAV is caicutefcd

* Income option

V A

I ** Growfriopton

-+ 4^0% as of 31.032000 and 1.50% as of 31.05.2000

V Refljm not anueSsed since scheme has not completed one year, as on 30th June/31 st December.

S A K H A i Recurring expenses excaeoing the bmrts prescribed by S SI are borne by DRF.

2 9

, (i) There are noinstances of borrowing by schemes of BwTrust

1 9 2 3

)

[

P A B T

I I I

—

S E C

,

4PART III—SEC. 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) 3255

HISTORICAL PER/ UNIT STATISTICS

@ NAV as on 29.11.2000 & NAV as on 13.12.2000 $ NAV as on 22.12.2000

* since scheme has not completed one year of operation, simple yield is given.

# yield since recasting date 13.03.2000.

A the yield & CAGR since Inception have been calculated on the basis of ex dividend NAV,3256 THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) [PAW III—SEC. 4

UNIT TRUST OF INDIA

CORPORATE OFFICE

13, Sir.Vlthaldas Thackersey Marg (New Marine Lines), Mumbai-400 020. 2068468

WESTERN ZONE

Western Zonal Office: UTI Tower, 'Gn' Block, Bandra-Kurla Complex, Bandra (E), Mumbai-400 051.

(022) 6520850.

Mumbai Main Branch Office: Commerce Centre-1, 29th Floor, Cuffe Parade, Colaba, Mumbai-400 005.

(022)2181600/2181254

OTHER OFFICES

Ahmedabad: LTTI House, Near Mithakhall Railway Bridge, Off. Ashram Road, Ahmedabad-380 009. (079) 6583864 / 6583043. Baroda: 'Meghdhanush' 4th & 5th Floor, Transpek Circle, Race Course Road, Baroda-390 015. (0265) 332481. Bhopal: 1st Floor, Ganga Jamuna Commercial Complex, Plot No. 202, Maharana Pratap Nagar, Zone 1, Scheme 13, Habeeb Ganj, Bhopal-462 001. (0755) 558308. Indore: City Centre, 2nd Floor, 570, M.G. Road, lndore-452 001. (0731) 535607. Kolhapur: Ayodhya Towers, C.S. No. 511, KH-1/2, 'E' Ward, Dabholkar Corner, Station Road, Kolhapur-416 001. (0231) 657315. Mumbai: (1) Unit No. 2, Block 'B', Opp. JVPD Shopping Centre, Gul Mohar Cross Road No. 9, Andherl (W), Mumbai-400 049. (022) 66201995. (2) Lotus Court Building, 196, Jamshedji Tata Road, Backbay Reclamation, Mumbai-400 020. (022) 2850821/822 (For Mumbai Main Branch Office). (3) Sharaddha Shopping Arcade, 1st Floor, S.V. Road, Borivali (West), Mumbai-400 092. (022) 8980521. (4) Sagar Bonanza, 1st floor, Knot Lane, Ghatkopar (W), Mumbai-400 086. (022) 5162256. Nagpur: Shree Mohlnl Complex. 3rd>loor, 345, Sardar Vallabhbhai Patel Marg (Kingsway), Nagpur-440 001. (0712) 536893. Nasik: Sarda Sankul, 2nd Floor, M.G. Road, Naslk-422 001. (0253) 572166. Panaji: E.D.C. House, Ground Floor, Dr. A.B. Road, Panaji, Goa-403 001. (0832) 222472. Pune: Sadashiv Vilas, 3rd Floor, H83, Fergusson College Road, Shlvaji Nagar, Pune-411 005. (020) 5535954. Ralpur: Vanijya Bhavan, Sai Nagar, Jail Road, Raipur-492 009. Tel: (0771) 551412. Rajkot: Lallubhal Centre, 3rd Floor, Lakhaji Raj Road, Rajkot 360 001. (0281) 235112. Surat: Saifee Bldg., Dutch Road, Nanpura, Surat-395 001. (0261) 474550. Thane: UTI House, Near Thane Post & Telegraph Office, Opp. Rickshaw Stand, Station Marg, Thane (W)-400 601. (022) 5400905. Vashl: Persepolis Bldg., 3rd Floor, Above Andhra Bank, Sector-17, Vashi, Navi Mumbai-400 703. (022) 7890979 / 82 / 84.

UTI Financial Centre: Lotus Centre, JD Tata Marg, Mumbai-400 020.

EASTERN ZONE

. Eastern Zonal Office: 4 Falrlie Palace, 1st Floor, Calcutta-700 001. (033) 2107699/7701.

Calcutta Main Branch Office: 29, Netaji Subhash Chandra Road, Calcutta-700 001. (033) 2434581.

OTHER OFFICES

Bhubaneshwar: OCHC Bldg., 1st & 2nd Floor, 24, Janpath, Kharvela Nagar, Nr. Ram Mandlr, Bhubaneshwar-751 001. [0674) 410995. Durgapur: 3rd Administrative Bldg., 2nd Floor, Asansol Durgapur Dev. Authority, City Centre, Durgapur-713216. (0343) 546831. Guwahatl: Hindustan Bldg., 1 st Floor, M.L . Nehru Marg, Panbazar, Guwahatl-781 001. (0361) 543131. Jamshedpur: 1 -A, Ram Mandir Area, Gr. & 2nd Floor, Bistupur, Jamshedpur-831 001. (0657) 424508. Patna: Jeevan Deep Bldg., Gr. & 5th Floor, Exhibition Marg, Patna-800 001. (0612) 235001. Slllgurl: Jeevan Deep, Ground Floor, Gurunanak Saranl, Siliguri-734 401. (0353) C35199.

UTI Financial Centre: 99, Park View Apartments, Rash Behari Avenue, Calcutta-700 029PAW m—SEC. 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 2,9, 1923) 9257

SOUTHERN ZONE

Southern Zonal Office: UTI-House, 29, Rajaji Salai, Chennal-600 001. 9 (044) 5210356 to 59.

Chennai Main Branch Office: UTI House, 29, Rajaji Salai, Chennal-600 001. 9 (044) 517101.

OTHER OFFICES

Bangalore: Raheja Towers, 26-27,12th Floor, West Wing, M.G. Marg, Bangalore-560 001. * (080) 55950*91. Cochin: Jeevan Prakash, 5th Floor, M.G. Marg, Ernakulam-682 011. * (0484) 362354. Colmbatore: Cheran Towers, 3rd Floor, 6/25 Arts College Marg, Coimbatore-641 018. * (0422) 214973. Hubll: Kalburgl Mansion, 4th Floor, Lamington Marg, Hubli-580 020. 9 (0836) 363963.'Hyderabad: 1st Floor, Surbhl Arcade, 5-1-664, 665, 669, Bank Street, Hyderabad-500 195. V (040) 4611095. Madural: Tamil Nadu SarvoJaya Sangh Bldg., 108, Thirupparakundram Marg.JAadurai-625 001. V (0452) 738186. Mangalore: Siddhartha Bldg., 1st Floor, Bal-Matta Marg, Mangalore-575 001. * (0824) 426290. Thiruvananthapuram: Swastik Centre, 3rd Floor, M.G. Marg, Thiruvananthapuram-695 001. 9 (0471) 331415. Trichy: 104, Salai Marg, Woraiyur, Tiruchirapalli-620 003. * (0431) 760060. Trlchur: 28/700 West Palllthamam Bldg., Karunakaran NambiarMarg, Round North, Trlchur-680 020. * (0487) 331259. Vljaywada: 27-37-156. Bunder Marg, Next to Hotel Manorama, Vljaywada-520 002. 9 (0866) 571134. Vlshakhapatnam: Ratna Arcade, 3rd Floor, 47/15/6, Station Marg, Dwarkanagar, Vishakhapatnam-530 016. 9 (0891) 748121.

NORTHERN ZONE

Northern Zonal Office: Jeevan Bharati, 13th Floor, Tower II, Connaught Circus, New Delhl-110 001 JI 9 (011)3329868/3731401.

New Delhi Main Branch Office: Gulab Bhavan, 2nd Floor, 6, Bahadurshah Jafar Marg, New Delhi-110 002. • (011)3319786.

OTHER OFFICES

Agra: Ground Floor, Jeevan Prakash, Sanjay Place, Mahatma Gandhi Marg, Agra-282 002. 9 (0562) 358047. Allahabad: United Towers, 3rd Floor, 53, Leader Marg, Allahabad-211 003. 9 (0532) 400521. Amritsan Shri Dwarkadhish Complex, 2nd Floor, Queen's Marg, Amrltsar-143 001. 9 (0183) 564388. Chandigarh: Jeevan Prakash, LIC Bldg., Sector 17-B, Chandigarh-160 017. * (0172) 703683. Dehradun: 2nd Floor, 59/3, Raipur Marg, Dehradun-248 001. 9 (0135) 743203. Farldabad: B-614-617, Nehru Ground, NIT, Faridabad-121 001. Tel: (0129) 5424771. Ghazlabad: 41, Navyug Market, Near Singhani Gate, Ghaziabad-201 001. 9 (0575) 4790366. Jaipur: Anand Bhavan, 3rd Floor, Sansar Chandra Marg, Jaipur-302 001. 9 (0141) 365212. Jodhpur: Minerva Centre, 1st Floor, Station Road, Jodhpur-342 001. 9 (0291) 645229. Kanpur: 16/79-E, Civil Lines, Kanpur-208 001. 9 (0502) 317278. Lucknow: Regency Plaza Building, 5, Park Marg, Lucknow-226 001. 9 (0522) 238491. Ludhlana: Surya Kiran Phase, II, 92, The Mall, Ludhiana-141 001. 9 (0161) 441264. Shimla: Flat No. 401, 402, Mukesh Apts., Fingask Estate, Near Hotel Sheet, Shimla-171 002. 9 (0177) 257803. Varanasl: 1st Floor, D-58 / 2A-1, Bhawani Market, Rathyatra, Varanasl-221 001. 9 (0542) 358306.

UTI Financial Centre: 1st Floor, Sarti Bhavan, LSC, 'A¹ Block, PreetVihar, Delhkl 10 092.

SPECIAL FACILITIES FOR NRIs/OCBs

UTI NRI Branch: UTI Tower, 'Gn' Block, Bandra-Kurla Complex, Bandra (E), Mumbal - 400 051. • 6528532 • Fax: 6528175 • E-mail: [email protected]

Dubal-Representatlve Office: Post Box No. 29288, 17, Al Maskan, Karama, Dubai, U.A.E. * 009714 3356656 • Fax: 3356636.

DESIGNATED BRANCHES OF OMAN INTERNATIONAL BANK

NRI Centre: P.O. Box 1216, Postal Code 1T2, Ruwi Branch. Sultanate of Oman: Al Khuwir, P.O. Box 1216, Ruwi-112. Buralml: P.O. Box 358, Buraimi-512. Fahud: P.OBox54, Mina-AI-Fahal-116. MarmukP.O. Box 54, Mina-AI-Fahal-116. Mlna Al Fahal: P.O. Box 54, Mina Al Fahal-116. Muakar Al Murtaffa: P.O. Box 559, CPO Seeb 111. Muttrah: P.O. Box 117, Muttrah 114. Nizwa: P.O. Box 71, Nizwa 611. Qurum: P.O. Box 43, Mina Al Fahal-116. Salalah: P.O. Box 1453, Salalah 211. Sleef: P.O. Box 11, Ibri 511. Sur: P.O. Box$5.1 Sur 411.

ANNUAL ACCOUNTS,

ALIGARH MUSLIM

INCOME AND EXPENDITURE

EXPENDITU

Amount Rs.

Amount Rs.

1. Admlnistration-

(i) Salaries

(n) Other Charges

(iii) Common Services & General Charges

10,28,48,715

1,03,92,577

1,73,50,882 13,05,92,174 2. Academic Departments

A. Faculties-

(i) Salaries

(ii) Other Charges

B. College-

(i) Salaries

(ii) Other Charges

C. General Education Centre- (i) Salaries

(ii) Other Charges

D. Career Planning Centre Other Charges

35,55,25,733

2,34,82,040 37,90,07,773 2,21,69,424

9,92,676 2,31,62,100 21,25,072

9,35,622

30,60,694 1,06,230

1,06,230 3. Examinations-

(i) Salaries

(ii) Other Charges

4. M.A. Library- (i)-r Salaries

(u) Other Charges

98,13,585

2,41,81,276 1,43,67,691

1,34,02,473

1,03,88,483 2,37,90,956 5. Students Facilities-

(i) Salaries

(II) Other Charges

79,62,700

93,89,363 14,26,663PART III—SEC. 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) 3259

1998-99

UNIVERSITY, ALIGARH

ACCOUNT FOR THE YEAR 1998-99

INCOME

Amount Rs.

Amount Rs.

MAINTENANCE GRANT ACCOUNT

1. Endowments and Grants

A. Income from Investments B. Grants-

(i) University Grarts Commission ...

(ii) Grant for Revision of Scale of Pay

(iii) State Government

1,20,89,588 98,69,95,000

42,44,51,000

2,1/1,000 1,41,16,57,000 2. Fee from Students

Academic

Examination

Other Fees

2,55,43,614 22,82,754

2,96,73,768 18,47,400

24,37,925 3. Hostels

4. Income from Building, Land and

other properties-

Building

Lands and Gardens

1,759,435

30,65,735 13,06,300

29,416 5. Publications

43,501 6. Tehzibul Akhlaq/Nishant

7. Other Departments-

Building Department Sales of Tender Forms

1,01,900 8. Electricity Department-

Electricity Supply Services

45,54,153.

33,44,109 9. Miscellaneous3260 THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) [PART III—SEC. 4

INCOME AND EXPENDITURE

E X P E N D I T U RE Amount

Amount

Rs.

Rs.

6. Fellowship-

23,29,475

7. Hostels-

(i) Salaries

(ii) Other Charges

7,52,08,558

57,78,127

8,09,86,685

8. Publications-

(i) Salaries

(ii) Other Charges

12,00,719

9,35,480

21,36,199

9. Other Departments-

4,31,38,522

1,49,36,149

5,80,74,671

(i) Salaries

(ii) Other Charges

10. Auxiliary Service-

1,04,86,388

3,35,15,038

4,40,01,426

(i) Salaries

(II) Other Charges

11. Miscellaneous-

1,75,99,717

64,85,059

32,56,19,960

3,31,17,812

38,28,22,548

(i) Leave Salary

(M) Encashment of Leave

(HI) Arrears of Pay

(iv) Other Charges

12. Schools-

4,23,62,860

20,82,585

4,44,65,445

(i) Salaries

(ii) Other Charges

10,29,25,784

13, Provident Fund and Pension

14. Medical College Hospital-

7,94,61,741

7,05,78,668

88,83,073

(i) Salaries

(ii) Other Charges

Total

1,39,04,94,540

7,89,40,877

Excess of Receipt over Expenditure...

1,46,94,35,417

GRAND TOTAL

(S.A.H. Kazml)

Deputy Finance Officer

(Accounts)

(S.K. Amanullah)

Asstt. Finance Officer

(Accounts)

ACCOUNT FOR THE YEAR 1998-99

INCOME

Amount Rs

Amount Rs.

MAINTENANCE GRANT'ACCOUNT

(A) 10.

Schools

Fee from Students

6,98 698 38 176

Hostels

Miscellaneous

15,58.476

22,95,350 Total Main University Total:

11 Medical College Hospital- Miscellaneous Receipts . .

1,42,972

1,46,94,35,417 Total

1,46,94,35,417 Total: Maintenance Grant Account

1,46,94,35,417 GRAND TOTAL

(S. Shafiq Ahmad) Finance Officer 21—69 01/2001;t.2 THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) [PART III—SEC. 4

INCOME AND EXPENDITURE

EXPENDITURE

Amount Rs.

Amount Rs.

Development of Higher Education

1.

& Research-

1.

IX - Plan Schemes

(a) Salaries & Allowances (b) Other Charges

2.

1,05,380

1,05,380 Special Development Scheme (a) Salaries & Allowances (b) Scholarship & Fellowship (c) Other Charges

3.

(-) 1,31,654

5,78,549

86,92,498

9,13,9393 Miscellaneous Schemes (a) Seminar / Symposium/work Shop/Conference

(b) Travel

(c) Unassigned Grant

(d) Other Charges

Total

Excess of Receipt over Expenditure ..

GRAND TOTAL

(Mohammad Ahmad) Dy. Finance Officer (Grants)

4,60,004

1,04,709

10,01,509

55,10,585

70,76,807

1,63,21,580

2,64,65,635

4,27,87,215PART HI—SEC. 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) 12dg

ACCOUNT FOR THE YEAR 1998-99

Amount

Amount INCOME

Rs.

Rs.

Grant in Aid From U.G.C./Govt. of

India for Development of Higher

Education & Research

1,71,23,654 1. -IX - Plan Schemes

1,67,02,611 2. Special Development Schemes

3. Grand in aid for Miscellaneous

Schemes from U.G.C., Govt.,

89,60,950 of India and U.P., Government

4,27,87 216 GRAND TOTAL

(S Shafiq Ahmad)

Finance Officer1264 THE GAZETTE OF INDIA. MAY | y, 2001 (VAISAKHA 2y, 1923) |PAKI III—SIC 4

BALANCE SHEET AS

LIABILITIES

Amount Rs.

Amount Rs.

General Fund Account

Permanent Endowments-

Capitalised value of the donation received and investments made under Section 7 of of the A.M.U. Act nf 1920 as amended

30,00,000 Permanent Reserve Fund-

Capitalised value of the donations received and transfers made

60,50,363 Special Floating Reserve Fund Capitalised value of the donations and Grants ..

10,40,221 Floating Reserve Fund-

Capitalised value of the donation etc

3,81,051 Trust Fund-

Capitalised Value of the donation etc Un-utilised Interest of the Fund 27,/6,547

13,65,551

41,42,098 Miscallaneous Funds-

Depreciation Fund

Building Fund

Engineering College Fund

Women's College Fund

51,45,019 1,23,25,534

9,43,845

1.32,92,939 23,560PART III—SEC. 4] THE GAZETTE OF INDTA, MAY 19, 2001 (VAISAKHA 29, 1923) 1265

ON 31st MARCH, 1999

A S S E TS

Investments

(Various Accounts)

Government Securities

Fixed Deposits

Buildings and Lands

Equipments

Vehicle

Furniture

Books

Depreciation Fund

National Service Scheme

Amount

Amount Rs.

Rs,

64,69,51,824

31,80,08,951 31,20,48,087

42,50,936 31,62,99,023

78,39,233

6,11,43,266

5,72,507

22,866 Miscellaneous Debit Balance-

Permanent Advances

Suspense Accounts

Miscellaneous Debit Balances as per Annexure 4

Inter Fund Advances

Saving Bank Account (Capitalised value of Short Term Deposit) Excess of expenditure over Receipt in Maintenance Grant Account

34,688

59,787

10,41,902

19,17,387

37,40,435

2,38,72,824Vfifi THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 192^) [PART III—Sec 4

BALANCE SHEET AS

L I A B I L I T I ES

Amount Rs

Amount Rs Miscellaneous Credits Balances- Current Expenses Fund-

Interest on University Contribution towards provident Fund at the Credit of

the Employees hwo have opted for pension earmarked for H B Loan/Staff

Quarters/ Loan taken

Students Aid Fund Compulsory Group Insurance Scheme/Deposit Linked Scheme Revolving Fund for Publication of Books in History Department Compulsory Deposit Scheme Capitalised value of Development Charges Corpus Fund

Retirement Benefits Recoveries Suspense as per Annexure 4

U G C Incentive for Additional Recoveries

4,32,37,232 9,31,398

3,08,895

3,49,332 8,164

1,61,71,871 5,34,93,354

5,097

55,33,376

7,71,50,633 3,49,146

DEVELOPMENT GRANT ACCOUNT-

Capitalised value of the Grant

received from the University Grants

Commission for:-

Buildmg

Books Equipments

Furniture Excess Receipt over Expenditure Recoveries Suspense (As per Annexure to Statement No 4) Suspense Accounts

Inter Fund Advance

Interest on Investment

27,05,40,588

6,32,81,256

34,48,95,999

75,44,487

40,73,635

19,85,640 5,09,012

2,31,56,330

71,66,96,291 7,09,344PARr III—SEC. 41 THE GAZETTE OF INDIA, MAY 19. 2001 (VAISAKHA 29. 1923) 3267

ON 31st MARCH, 1999

ASSETS

Amount Rs

Amount Rs

Development Grant Accounts-

Govt of India's Scheme in Unani

1,01,775

Medicine at A K. Tibbiya College

Govt of India's Scheme of Literary

23,602

Research Unit at A.K Tibbiya College .

U P. Govt. Post Partum Programme

83,29,908

Deposit Account of the Grant received

from Govt. of India for Department

of Kulliyat and Moalijat at A K.

1,64,614

Tibbiya College

87,70,439

1,50,540

Hifzane Sehat A.K. Tibbiya Colllege

16,28,942 Development Grant Saving Bank Account ...

BALANCE SHEET AS

LIABILITIES

Amount Rs.

Amount Rs Development Grant Scholarship Account Deposit Account of the Grants Received from the Council of Scientific & Industrial Research

Inter Fund Advances

Deposit Account of the Grant received for scholarship from various agencies (Misc. Schemes)

31,82,512

8,74,967

10,25,817

50,83,296 Deposit Accounts-

Capitalised value of the Grants and

donations received from :

Ford Foundation

Kuwait Government

Islamic Republic of Iran

Shah Saud

Construction of 100 Rooms

Donation from Haji Ibrahim Ismail Haji Saud Abdul Aziz Al-Babtain for construction of School

Dr. Hasan Kamal (For modification and Construction of Union School Building

Donation froVn Shakti Rais

Donation from U.A.E. for Opening of New Courses

21,94,321

1,00,000

1,13,000

7,02,786

7,57,743

1,09,841

10,34,581

13,97,696 50,000

33,79,102

Capital for Developmental Activities

of the University -

1, Donation from Dawakhana Tibbiya College

2 Donation for Dental/Medical College

18,68,927

44,21,905PVRT III—Sit 4] THE GA'CTTE OF INDIA, MAY 19, 2001 (VAICA.KH/' 2", m) a.V¹¹

ON 31st MARCH, 1999

Amount

Amount A S S E TS

Rs

Rs

Development Grant Scholarship

/iCcount

~:> 7 , -) Excess of Expenoituie ovei Receipts

A.M.U. Deposit Accounts-

N I H Malaria scheme in Collaboration

with Univers'ty of Mavvdi U 3 A )

24,:-17

Miscellaneous Debit Balance

1,20,843

i 53 "4\

8,331

Grant under PL-480 Scheme

Loans and Advances as per

2,70,^9 963 Statement No 4

Medical College Fund-

Inter Fund Advances

69,154

73 997

4,843

Advance for Medical Students

22—69 r,V2Q0l• 70 THE GAZETTE Oh INDIA, MAY >->, ""p'i (VAISAKHA 29, 1923) [PART III—SEC 4 LIABILITIES

Donation from Dr ShanKar ["-/-" '-> (President of India) fc G<'! J v

Scnoiarship

", ate Mr Mohd Amjad A.'i to, purchase of Library Books

Donation from S Farooq (Zakat Fund;

Mr Saoih Ahmad Kamah

Jamnu & Kashmir Government ?M?r(j in the name of Sohail Ahmad norauon from Afsan Begum

Donation from Usha K Baveja Donation from Khursheed Alam Khars Donation from Saeedullah Khan for Dental College

Donation from S R All Zaidi

Donation from Old Boys' Association Kanpur University Guest House

Donation from Dawakhana Tibbiya College & S S Mart

P N Kaula

Boys Fund City High School Girls Fund A MU Girls High School Development Charges for Special Ward J N M C Hospital

Miscellaneous Grants & Deposit- (i; Proiect No 644 Deptt of Biotechnology

u'ldet Or Salahuddin Siddiqui (n) Snides on Minor Forest Oil Saperf und^f Or S M Osmnn Dcptt of (in) Srunif ty f ) p p o s it

( i v) M i " i C r t " ,i n t ' f u j *. ( ! f (ji ) it H ^ l f j f ii H , r, (IHI A ' l n p ^ i j rc to Jil.ifMfHont Nn -1 ( V) V lf i"¹ I M - i lH "-"l|( Jt '% I U M 'i

BALANCE SHEET AS

Amount Amount Rs

Rs 15,000

24,840

5,30,157

1,24,762

2,63,703

6,96,820

2,296

9,10,324

16,500

8,000

•

96,205

96,120

36,104

10,68,492

5,19,075

1,05,063

20,20,865

34,45,137

45,18,531

1,276

22,954

73 87,239

1 fi3.59.051

B.23 62 3^9P/urr HI—SEC. 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) 3271 ON 31st MARCH, 1999

A-ncjn!

A S S E TS

Rs

Amount Rs

Chair in Rural Economics :-

3 <5^ Excess of Expenditure over receipts

Closing Balance :-

5,25,69 13S Maintenance Grant Account

1,18,16 844 A MU Development Grant Account

A.M.U. Deposit Accounts :-

1,49,10.622 State Bank of India, A MU Branch

Syndicate Bank Extension Counter

5^ .'-.- Provident Fund Accounts :-

2 27 72,050

S B Account & Current Account

• 19 525

Allahabad Ba^k A M U. Branch

2,27,93 ?~:l

2.258

Post Office Saving Bank-.*.', 1 TJi'C GAZETTE OF INDIA. MAY 19, 2001 (VAISAKhlA 29, 1923) [PART III—Stc 4

BALANCE SHEET AS

L ' A B I L I T I ES

Amount Rs.

Amount Rs.

Provident Fund Account-

51,81,71,376 3,63,558

53,80,279 52,39,15,213 Provioer L Fund Reft '•Ji'o'e Receipt inter H

"/"ediea ' oii<*ge Fund-

Cdp,td Value of donaiton and

61,84,324 receipts

Or Wali Mchd Waqf Fund -

Cap- cMisecid /alue of donation

6,01,253

5,46,911 54,342

Exc"i.s Receipts over Expenditure

Golden Jubiiee Fund-

1,94,667

1,98,680

4,013

Capitalised value of donation tf¹" ^^si Receipts over Expenditure

Shaikh Zaysc! Institute of Petroleum lt,id 7tohrtr>'ogy-

CaJitansfcd value of donation received ...

37,37,890

27,81,959 9,55,931

Excess of Receipts over Expenditure ...

7,06,386

rt--mi...'..At Islamic Solidarity Fund- C.'-p'tn. sen va'')9 of the ionation

7.11,056

4,670

Exue^s Kecetpt over Expenditure

Babi Fatinvi A-aqf-

1,13,501

Capitalised value of donation

1,16,013

2,512

Exc*2oS of Receipt over Expendit

Statd Barsk of India, EncJownment fo.

setting y? J Chair in R^ral Economics-

2,356PART III—SEC 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) 3273

ON 31st MARCH, 1999

ASSETS

Amount Rs

Amount Rs Medical College Funds-

1,97,497 S t a te B a nk of I n d i a, A MU B r a n ch

Dr. Wali Mohd. Waqf Alal-Allad

Account-

69,493 S t a te B a nk of I n d i a, A MU B r a n ch

Golden Jubilee Fund-

26,077 S t a te B a nk of I n d i a, A MU B r a n ch

Permanent Islami Solidarity Fund-

Syndicate Bank, A MU Extension

1,07,319 Counter

Bibi Fatima W a q f-

63,924 State Bank of India, A MU Branch

Scholarship Accounts-

21,42,278 Allahabad Bank, A MU Branch^2} ___ _ THE GAZETTE OF INDIA; MAY 19, 2001 (VAISAKHA 29, 1923) |PART III-She. 4

BALANCE SHEET AS

U'*B1L ITIES

AJVI.U. Revolving Fund for House Amount

Amount

Rs

Rs Building Advance-

C^pitalisod value of the amount rereiv,M from U G 0 /Transferred from Deposit Account/Recoveries i . oess Receipt over Expenditure Scholarship Accounts-

Cdpitalised value of the Scholarship Fxcess Receipt over Expenditure ftM.'i D*-"'. Corpus Fund-

Capitalized value of the donation Excess Receipt over Expenditure 1,27,45,920

1,22 32 053 2,49 77,973 15 52 390

5 89,888

21 42,278 25 70 608

4,980

25 75,588 Students Welfare Fund-

Capitalised value of donation received

F -cess of Receipts over Expenditure 70 09 523

13 33610

83 43,133 Closing Balance-

Chair in Rural Economics

201 201

1,53,10 88 010

GRAND TOTAL

(b h. Amanullah) AGSU Finance Officer

(S.A.H. Kazmi) Deputy Finance Officer (Accounts)PART HI—SEC 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) 3275

ON 31st MARCH, 1999

A S S E TS

Amount Rs

Amount Rs

Development Grant Scholarship

Account

48,50 526 State Bank of India, A MU Branch

A.M.U. Students Welfare Fund-

13,35,269 State Bank of India, A MU Branch

Sheikh Zaid institute of Petroleum and

Technology-

Syndicate Bank, A MU Extension

2,65,402 Counter

A.M.U. Dev. Corpus Fund-

5,588 State Bank of India, A MU Branch

Revolving Fund of House Building

Advance to the Staff

5,31,082 State Bank of India, A MU Branch

1,53,10,88,010

GRAND TOTAL

(S, Shiflq Ahmad) finance Officer)3276 THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) [PART III—SEC. 4

ANNEXURE 'A1 TO THE

STATEMENT SHOWING THE DETAILS OF

Head of Account

Permanent Fndownment

Books

Building

Invest- ment

30.00,000

Permanent Reserve Fund

—

59,36 485

Special Floating Reserve Fund

Floating Reserve Fund

Trust Fund

1 13 878

—

31,700

10,03,296

—

19,921

3,61,130

—

26,25,745

1 50 802

—

—

11,45,539

Depreciation Fund

Current Expenses Fund

—

3,22,00 123

Building Fund Engineering College.Fund Womens College Fund :..

Revolving Fund History

Department

U.G.C. Incentive for

Additional Resources

Maintenance Grant

Balances

88.60,047

—

—

1,23 25,534

—

—

9 43,845

—

—

23.560

—

—

1,11,460

—

7,54,956

—

—

—

—

4,58,25,929

Total General Fund M.U.Development Grant

2,37.82,092

4,93,67,261

Account .. M.U. Development Grant Scholarship Account

26,80,57,975 6,08,85,629

—

—

—

III. M.U. Deposit Account-

1. Ford Foundation

Grant

2. ' Libiyan Embassy

(Construction of 100 rooms)

3. J. & K Govt. Grant ..

4. Kuwait Grant

5. Kuwait, School (Haji Saud Aziz Al-Babtam) .

6. Shah Saud Donation —

39,956

20,19,168

—

21.922

5,72,020 —

—

6 86,820

—

—

72,475

—

—

8 89 358

5,73,932PART III—SEC. 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) 1277

BALANCE SHEET

VARIOUS FUNDS AT 31st MARCH, 1999

Equipment Furniture

Loan/ Inter

Misc Dr

Cash

Total

Adv Fund

Balance Balance

30 00 000 _ —

— —

—

— 60 50 363 I I

5,225 10 40 221

3 81 051 I

— —

13 65,551 41 42 098 I

507 34,26,973

5,72

51 45 019 I

21 77,062 4 32 37 232 I I

1 23 25 534 I

9 43 845

23 560

—

— —

— —

2,37,872 3 49 332

— —

— (-)4,05,810 3 49 146 — —

— —

457,62266 764,52155

— 19 17 387

502

2,87,72

— —

— 19,17 387

2,93,45 009 5,25,69,139 1534,39556

—

1,1816,844 716696291

1,03,99, 381

30 84,27 229 77,41,972

^^_

48,50,526 50 83 296

770

2,32.

—

_ __

79 21 94 321 1 14 113 21,005

7,57 743

,1,63,801

—

— —

6,96,820 10 000 —

1,00,Q00

20,976

5214 1,335

— —

10 34 581

•1,45,223

— —

87,749 7,02,786

105

41,

23—69 GI/200I

ANNEXURE 'A1 TO THE

STATEMENT SHOWING THE DETAILS OF

Building

Books Invest-

Head of Account

7 Shah of Iran

8 VC Fund ( MA

ment

-

1,10,694 61,99,886

Johar Hall)

9 Dr Hasan Kamal for Union School 10 Dr Amjad All for Books

11 1% of Gross Income from Dawakhana Tibbiya College

12 Sheikh Zaid

Institute of Petroleum 13 Sabih Ahmad Kamali 14 Donation from U A E for opening of New

40,41,570

—

12,77,258

5,16,651

—

1,06,987 3,52,456

—

—

16,76,453

—

—

—

—

—

1,79,227

—

—

31,21,572

Courses

15 Donation from

Dr Shankar Dayal Sharma for Gold Medal

16 Usha K Baveja

17 Khursheed Alam Khan 18 Saeedullah Khan for Dental College

19 I H Usmani

20 Doantion from

Shakti Rais

21 Donat on from

Mrs Afsari Begum 22 Donat'on from

Haji Ibrahim Ismail 23 Donation from

Dr S Farooq

(Zakat F ^ d)

—

—

15,000

—

—

15,000

—

—

8,000

—

—

96,205

—

—

20,000

—

—

50,000

—

—

6,33,385

—

—

1,09 841

—.

—

1 24 762PART III—SEC. 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) 3279

BALANCE SHEET

VARIOUS FUNDS AT 31st MARCH, 1999

Loan/ Equipment Furniture

Adv. -^ —

—

—

4919167 —

— —

— —

—

—

— 43639

83700 — — —

—

— —

—

—

— —

— —

—

— —

—

— —

—

— —

—

— —

—

Total Inter Misc. Dr. Cash

Fund Balance Balance

— — 2,306 1,13,000 _ _ 75,24,572 2,26,85,195 _ (_) 3,96,213 13,97,696 _ _ 70,714 5,30,157 _ __ 1,48,835 18,68,927 ^^_ ^^_ ,

83,700 +_ _ 84,476 2,63,703 — — 2,57,530 33,79,102

15,000 — _ 1,500 16,500 — — —

8,000 ^^_ ^^_

96,205 _ _ 4,840 24,840 — — — 50,000 — — 2,76,939 9,10,324 — — — 1,09,841

1,24,7623280 THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) [PART III—Sfic 4

ANNEXURE "A1 TO THE

STATEMENT SHOWING THE DETAILS OF

H e ad of A c c o u nt

24, Additional Seat of MB B.S. & B.D.S. Courses 25. P N. Kaula

26. Award in the name of Mr. Sohail Ahmad ...

27. Donation from

Dawakhana Tibbiya College & S.S. Mart "...

28. Boy's Fund, AM (J City High School

29 Girl's Fund, A.M.U Girls High School

30. Donation from

Old Boys Association Kanpur

31. Revolving Fund for Deptt. of Radio-

diagnosis

32. University Guest

House

33. S R. Ali Zaidi 34. Dev. Charges for

Sp. Ward, J.N NIC H...

Building

Books Invest- ment

—

—

—

—

4421905 1,05,063

—

—

2,200

—

—

158350

—

—

—

.—

—

521012

—

—

36,104

—

—

—

—

—

3,50,000

—

—

96,120

—

—

—-

—

29,77,779

35. General Balance

Total M U. Deposit

94,382

1,13.00,418

2,57,637

2,07,35,458

Account

IV. ML). Medical College

Fund

V. Dr. Wali Mohd. Waqf

VI. State Bank, of India

(Chair in Rural

Economics)

—

—

5912830

—

—

531760

—

—

—

BALANCE SHEET

VARIOUS FUNDS AT 31st MARCH, 1999

Furniture Loan/ Equipment

Adv.

—

—

—

—

—

—

—

—

—

—

19295 31282

—

—

96507

—

—

—

—

—

346500

_ —

—

—

(1881705)*

—

—

(395593)

—

— 27029969 .7871794 97261 27029969

—

—

—

Cash

Total Inter Misc Dr.

Balance

Balance

Fund

44,21,905

—

—

—

1,05,063

—

—

96

2,296

—

—

360725 519075

—

—

1970288 2020865

—

—

3445137

2827618

—

—

—

36104 —

— 5932198 6278698

1068492

718492 —

—

—

96120

—

—

2241233 4518531 —

22686820 112686 B7527996

153791 14915981 82362309

6184324 4843 197497

69154

— 69493 601253

2956 3157

2013282 THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) [PART III—SEC 4

ANNEXURE 'A1 TO THE

STATEMENT SHOWING THE DETAILS OF

Building

Invest-

Head of Account

VII Sheikh Ziad Institute of

Books ment

—

27 81,959

Petroleum & Technology VIII Golden Jubilee Fund IX Provident Fund

6,90,529

—

88,142

84,461

—

8128557

492992823

—

X Bibi Fatima Waqf

XI A M U Campus Develop- ment Permanent soli- darity Fund

XII A M U Revolving Fund

52,089

—

—

6,03,737

—

—

2 44,46,891

( H B L)

XIII A MU Scholarship Account

XIV A MU Development Corpus Fund

XV AM U Students

—

—

—

—

—

2570000

—

70,07,864

Welfare Fund

64 69,51,824

31,80,08,951 6 11,43,266 GRAND TOTAL

(S.A.H. Kazmi) (S.K. Amanullah) Asstt Finance Officer Deputy Finance Officer (Accounts) ^Accounts)PART III—SEC. 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) 3283

BALANCE SHEET

VARIOUS FUNDS AT 31st MARCH, 1999

Total

Inter Misc Dr. Cash Fund Balance Balance

Equipment Furniture Loan/ Adv.

• 2,65,402 37.37.890

—

— — —

26,077 1,98.680 — — —

•2.27,93,833 52.39.15.213 — — —

—

63,924 1.16.013 — ,— —

—

- 1,07,319 7,11.056 — — —

.—

- 5.31,082 2.49.77.973 — — —

—

- 21,42,278 21,42.278 — — —

—

5,588 25,75.588 — — —

—

83.43,133

- 13,35,269

19,86,541 4,01,38,951 11,16,90,051 1,53,10.87,809 31,62,99 023 78,39,233 2.70,29.969

(S. Shafiq Ahmad) Finance Officer)3284 THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1921) [PART III—SK 4 ANNEXURE 'B¹ TO BALANCE SHEET STATEMENT SHOWING THE DETAILS OF VARIOUS FUNDS AND INVESTMENT AS ON 31st MARCH 1999

H e ad of Account Amount Rs

Amount Rs.

1. Liabilities-

Permanent Endowment

Permanent Reserve Fund H E Nizam's Donation

Prince of Wales Science School Account

Sir Syed Ahmad Memorial Fund Capital of M A 0 College Transfers forms :

Floating Reserve Fund

Current Expenses Fund

Maintenance Grant Account - do -

—

30,00,000 10,05,831

2,78,578

1,39 027

55,333

4,51,147

70,084

31,86,050

8,64,313

60,50,363 Special Floating Reserve Fund Grant from Ex-Princely State Bhopal State Grant :-

(i) Science College

(n) Fly Club

Bhawaipur Estate Grant for General Building

Mehmoodabad State Govt 2,48,479

50,000

65,000

38,000

4,01,479 Grant for General Building Endowments Shahjahanpur Waqf

Fazle Haq Waqf

Badaun Waqf

1,150

4,500

550

6,200PART IB—SEC. 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) 32"->

Mr"'~"Unt

Head of Account

Capital Grant from U.G.C. for purchase of Evacuee Property

Art Gallery by Prof Mcsnuddn General Buildings

Books

Of Amount Rs'

?i.376

500

15^877

Construction of 50 Beds Ward at

Tibbiya College

(i) Dawakhana Tibbiya College (u) U.P. Government

50,000

1,37,753 50,000

ifiscelaneous-

Interest on Investment for Art Gallery ...

Cost of Waqf House of Nasiruddin Khan of Shahjahanpur

Achinlek Mimorial Fund

Polytechic Account

2,400

1.S0Q

99,754

1,50,415

Miscellaneous Receipt**

3,05,789 51,620

10,40,221 Floating Reserve Fund-

Capitalised Fund Donation for-

Completion of AM.U. History Amir Khusro Fund

Qanooni Masoodi Fund

General Purposes

Compensation of Land

Trust Fund :

Details given in separate statement (Annexure to Statement No. 4) 24—69 GI/2001

300

434

3,43$

7,000

3,81,051 13t600

41,42,09*1286 THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1921) [PART III—Six 4 H e ad of A c c o u nt Amount Rs

Amount Rs Medical College Fund-

Donation from -

State

Individuals

His Majesty the King of Saudi Arabia Rusi Ministry of Bombay Miss E G Everest¹ of England Income & Expenditure Account Medical College

Dr Wah Mohd Waqf Al-Aulad Capital Fund

16,05,000

22,99,649

10,000

39,680

13,723

12 26,272

61,84,324

6,01,253 Golden Jubilee Fund-

Donation for -

Renovation of Sir Syed House Establishment of Sir Syed Academy Jubilee Scholarships

Establishment of School

1,23,557

62

18,934

56,127

1,98,680 Capitalised Value of •

1 Donation from Sheikh Zaid for Establishment of Institute of Petroleum & Technology 2 Permanent Islamic Solidarity Fund for A M U Campus Development

3 A M U. Students Welfare Fund 4 Bibi Fatima Waqf, Income & Expenditure Account

5 State Endownments for setting of a Chair in Rural Economics 6 A MU Dev Corpus Fund 7 Scholarship Account

37,37,890

7,11,056

83,43,133

1,16,013

2,956

25,75,588

2t;42,278PART III—SEC. 4] THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) 3287 H e ad of A c c o u nt

Amount Rs.

Amount Rs.

II. Assets-

Investments-

(A) Government Securities-

1,22,267

Permanent Re$erve Fund

6,700

Special Floating Reserve Fund

1,28,967

Total (A)

(B) Fixed Deposits-

Permanent Endowment

30,00,000

58,14,218

Permanent Reserve Fund

25,000

Special Floating Reserve Fund

19,921

Floating Reserve Fund

26,25,745

Trust Fund

r:.

3,22,00,123

Current Expenses Fund

11,45,539

Depreciation Fund

1,11,460

Revolving Fund history

U.G.C. Incentive for Additional

7,54,956

Resorces

4,58,25,929

Maintenance Grant Deposit Account

5,73,932

Shah Saud Donation

Donation from S. Rarooq (Zakat Fund) ...

1,24,762

Donation from Dr. Shankar Dayal

Sharma

15,000

50,000

Donation from Shakri Rais

29,77,779

Deposit Account (General Balance) ...

1,09,841

Donation from Haji Ibrahim Ismail

Donation from Dawakhana Tibbiya

1,58,350

College

Donation from Hasan Kamal

5,16,651

Donation from Libiyan Govt.

5,72,020

Donation from M. }Sabih Ahmad

Kamali

1.79.227>&* ___ IHE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, W\) [PART IIT - Src 4 Head of Account

Donation from Afsari Begum Donation from U A.E.

Award in the name of Sohail Ahmad ..

P N. Kaul

Donation for Dental / Medical College

Donation from Khursheed Alam Khan

Donation from Late Mr. Amjad All Univoisil/ Guest House

Donation from Old Bays'

Association Kanpur

Donation from S.R. Ali Zaidi Dr 1 H. Usmani

Donation from Usha K. Baveji Vice-Chancellor's Fund

Saeeduilah Khan for Dental College . .

Dr Wali Mohd. Waqf Al-Auldd Golden Jubilee Fund

Shaikh Zaid Institute of Petroleum & Technology

Permanent Islamic Solidarity Fund Provident Fund Account

M.U Revolving Fund (H B.L ) A MU Dev Corpus Fund

A M U Students Welfare Fund Development Grant Account Total investments (A) & (B) r.'JILOINGS -

Peimarvint Reserve Fund

special Floating Resarva *-und Floating K. -erve Fund

Trust r

Amount Rs.

Amount Rs, 6,33,385

31,21,572

2,200

1,05,063

44,21,905

8,000

3,52,456

3,50,000

36,104

96,120

20,000

15,000

61,99,886

96,205

5,31,760

88,142

27,81,959

6,03,737

49,29,92,823

2,44,46,891

25,70,000

70,07,864

4,93,67,261

64,69,51,824

1,13,878

10,03,296

3,61,130

1 50,802PART in—SEC. 41 THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) ^289 H e ad of A c c o u nt

Current Expenses Fund

Provident Fund Account

Building Fund

Engineering College Fund

Women's College Fund

Development Grant Account

Amount Rs Amount Rs

88,60,047

81,28,557

1,23,25,534

9,43,845

23,560 3,19,10,649

26,80,57,975 Deposit Accounts-

Ford Foundation Grant

Jammu & Kashmir Govt Grant Kuwait Govt Grant

Kuwait School

General Balances

Girls Fund, Girls High School 1% of Gross Income from

Dawakhana Tibbiya College Construction of Hostel (Libyan Embassy)

Mohd All Johar Hall (V C Fund) Dr Hasan Kamal for School Building Medical College Fund

Golden Jubilee Fund

Sheikh Zaid Institute of Petroleum Bibi Fatima Waqf

Grand Total Buildings

20,19,168

6,86,820

72,475

8,89,358

94,382

5,21,012

16,76,453

21,922

40,41,570

1,13,00,418 12,77,258

59,12,830

84,461

6,90,529

52,089

31,80,08 9513290 THE GAZETTE (Jlf INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) - [PART III—SEC. 4 - „ , ••' - •*• ^ . . H e ad of Account

Amount

Amount

Rs.

Rs.

BOOKS -

Development Grant AccoiSnt

6,08,85,629 M.U. Deposit Account-

(i) For Foundation Grant

39.956

(ii) Shah of Iran Govt. Gfant

1,10,694

1,06.987

2,57,637 (iii) Dr. Amjgd AM

6,11,43,266 Total Books

FURNITURE -

77,41,972 Development Grant Account

M.U. Deposit Account-

21.005

Ford Foundation Grants.

31,282

City High School (Boyi Fund)

1,335

Kuwait Govt. Grant

1% Income from Dawakhana Tibbiya

43,639

97,261 College

78,39,233 Total FurniturePART III—SEC. 4] THE GAZETTE OF INDIA, MAY 19, 2001 (V**|AKHA 29, 1923) 3291 Amount

Amount

H e ad of A c c o u nt

Rs

Rs

EQUIPMENT -

30,45,71,886 Development Grant Account

Vehicles out of M.U Deposit

45,50,936 Account

. .

M.U. Deposit Account

1,14,113

Ford Foundation Grant

5,214

Kuwait Govt. Grant

10,000

Jammu & Kashmir Govt. Grant

96,507

Girls Fund; Girls High School

49,19,167

Vice-Chancellor's Fund

14.295

Boy's Fund, City High School

83,700

Sheikh Ziad Institute of Petroleum

Development Charges for special

18,81,705

ward, J.N.M.C hospital

Revolving fund for Deptt of

74,76,201

3,46,500

Radiodiagnosis

31,62,99,023 Total : Equipment

(S.K. Amanullah) (S.A.H. Kazmi) Asstt.' Finance Officer Deputy Finance Officer (Accounts) (Accounts)3292 THE GAZETTE OF INDIA, MAY 19, 2001 (VAISAKHA 29, 1923) [PART III—SEC. 4

BANK RECONCILIATION STATEMENT

M.U. Fund M.U. Dev. Grant

Account Rs.

Account Rs.

+ 1,66 67.370

+ 5,25,69,130

Rnlnn'-fl as per Accounts

Deduct

12,96,15,813

46,61,384 Remittance in Transit

Fi roneoijs/Unclassified Debits

14,48,305

1,56,896 by the Bank

7,84,94,979

-i 1,18,49,090 Total

+ 2,20,92,565

+ 13,16,03,820

Uncashed Cheques

Erroneous/Unclassified Credits

+ 9,05,05,533

+ 22,90,545 by the Bank

Balance as per Bank

+ 14,36,14,374

+ 3,62,32,200 Statements

* 1,18,16,844 Cr. Dev. Grant Account

. Grant Account

48,50,526 Cr. Sch Dev

1,66,67,370 Cr. .