REGISTERED No. D. (D.N.) 72
TheGazetteof India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 175] NEW DELHI, FRIDAY, OCTOBER 1, 1982/ASVINA 9, 1904 Separate paging is given to this Part in order that it may be filed as a separate compilation
(1)
798 GI/82—1
2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC, f] 3 4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. J] 5 6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. J] 7 S THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] 9MINISTRY OF INFORMATION AND BROADCASTING
PUBLIC NOTICE No. l-PR-NP'82
NOTIFICATION
New Delhi, the 30th Scptembor 3O.19S2 File No. 33(25>/82-PR-NP,JS(B).-ln terms of para 6 of Appendix 9 lo th; Import and Export Policy fur April 1982— March 1983, roM with tub clause (5) of Clause 3 of the News- print Control Order, 1962, the Government of India in the Ministry of Information and Broadcasting hereby notify the No vaprmt Ail.icition Policy for the licensing year April 1982— March 1981 as in the Amexure to this Public Notice,
2. Th-: price of imported newsprint in all varieties will be fixed separately by the Government of India in the Ministry of Information and Broadcasting for each quarter of ihe above licensing year .mo the same will be announced through the State Trading Corporation of India, New Pelhi.
J. K. BHATTACHARYA, joint. Secv.
ANNEXURh
NEWSPRINT ALLOCATION POLICY, 1982-83
1. Applicability :
This Policy ivl lies to allocation of newsprint to which the
Newsprint Control Order. 19(52 applies,
3. Definition .
In thh Polic> and in the appcnJed instructions, a "new-
pftper"shillmean a daily newspaper or any other periodical.
3. Eligibilit> :
1.1 Every newspaper w'lich fulfilled the prescribed percen- tage of regularity of publication, as mentioned In para I of the Appendix to this Policy, is eligible for allocation of newsorint.
3.2 Allocation of newsprint n L/ ils) be authorised by RNI
for the following : —
(I) Transmission of news over teleprinters by news rigencies:
(10 Trial printing by newspaper : (Hi) Printing of low price books for promo1 tor of education:
and
(iv) Printing of college and "choo1 magazines.
3.3. The following categories of publications will not be
eligible tor allocation of newsprint :—
(I) Journals published primarily to promote sale oi goods
or services;
(H) House journals/magnzines brought out by undertakings/
firms/Industrial concerns;
(ill) Price lists; catalogues and lottery news;
(iv) Racig guiaes; and (v) Sex Magazines.
4. Entitlement :
4.1 The basic entitlement of newsprint for 1982-83 of the existing newspapers which have fulfilled the stipulations as contained in para 2.1 above, will be determined on the basis ot actual consumption of newsprint or white printing pap-r or both in 1981-82 taking into account the avenge circulation, the average number of pifies, the average pagearea publishednud the number of publishing d^y-,, as per insluictions contained in para 2.1 read with paras 2.7 and 2 S pf the Appendix to this Policy.
4.2 Newsprint obtained under the scheme for export promo- tion, and consume during 1081-62 will also bj taken into acconut i I. r n n ^ ,^ .ihntitlementof 1982-81,
708 GI/82 -9
4 3"AJt the, editions of a newspaper (i.e. bearing the same title, having the same pcHod icity, published in the same language and owned by the sam; ow.ier), whether published from the same plac; or from differeit places would be treated as one newspaper and its entulement will be calculated on the basis ot the performance particulars in respect of all the editions.
4.4 New newspapers will be allowed an initial quota as per provisions contained in paras 2.3 and 2.4 of the Appendix to this Policy.
4.5 Newspaper-, which were allocated newsprint H 1980-81 or in any earlier year, but which did not obtain any newsprint in 1981-82, will be allotted newsprint as per provisions contai- ned in para 2.5 of the Appendix to this Policy.
5, Revision
5.1 Newspapers which have secured the bask entitlement of newsprint for 1982-8?, can apply once for upward revision of the allocation on the basis of increase in circulation.
f(.2 The Allotment (rom different sources may be revised/ varied in the light of such factors as quantities of newsprint likely to be available and the need to maintain adequate buffer stocks.
LAST DATP
o. Applications for allocation of newsprint should be made in the prescribed form and addressed to the Registrar of News- papers for India West Block No. 8, Wing No. 2, R.K. Puram, NewDelhi.soasto reach him on or before 30th November, 1982.
7. Injunctions :
Detailed instruction! for implementing thi* Policy arc given
in the Appendix to this Policy.
APPENDIX
INSTRUCTIONS FOR THH ALLOCATION OF NEWS- PRINT IN TERMS OF THE NEWSPRINT ALLOCATION
POIICV, 1982-83
J. .Regulari.y ;
1.1 Newspapers en be allocated newsprint on.!, if they
have a regularity of publication of—
(i) 50 per c;nt in 1981-82; anci
(ii) 90 per cent In the case of dailies and 66.2/3 per cent Jo
thucise of periodicals In 1982-83.
2. Rntitlemcnt :
2.1 The basic entitlement of newsprint of ". newspaper in 19.i7.-81 will be Letern ined on the bisis of the contumpiion of newsprint or white printing paper or both in 1981-82, taking into account its aver gp circulation, average number of pages, the average page area published and the number of publishing days. In a case where Performance Par iculars Ceniflcate for 1981-82 in Foim NP-3 has not been submitted; the projection of consumption duiing the last three months of 1981-R2 will be made on the basii of the averages for the period from 1-4-1981 to 31-12-1981 as rejected in the Ainual Statement for 1981.
2.2 Information regarding utilisation of n-wsprint under Export Promotion Scheme should be furnished in column 6 of Form NP-2.
2,1 New newspapers will be allowed an initial quota fri the first four months, as determined by the RW, upon till satisfaction of the projection oi circulation by the applicant subject to a nnximum of 10.000copids per issue of eight standard pages (2540 sq.cms.)inthecaSe of daili^sand of sixteen standard pages in the case of other periodicals.
10 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. I]2.4 A newn ewspaper which receives an initial quota should produce within a fortnight of three months of publication, evidence of proper utilisation of the newspilnt allocated to it, in Form NP-3. Thereafter, Its entitlement for the year 1982-83 from the date of publication will bo determined on the basis of actual performance and the balance quota, if any, released on request on submission of a formal application from the publica- tion for newsprint for the rest of the year.
2.3" Newspapers which were allocated newsprint in 1980-81 or a,ny earlier year bat which did not obtain any newspiint in 1981-82 will be entitled to newsprint fiom the month of receipt of their application. Their entitlement will be calculated aftei making national allocation for the years in which newsprint had not been obtained by them.
2.6 The entitlement of newspapers for jmported newsprint as also indigenous newsprint will be woiked out on the basis of 50gsmplusorminus5percent.
2.7 The circulation of newspapers will be determined taking into account (n) the number of copies sold and (b) thenumbsrof copies distributed free, returned unsold or printed but neither sold nor distributed free, prov'ded these do not exceed the following percentage ot tho respective prlntorder.
Circulation
Others
Weeklies & fort- Nightlies
Dailies/ tri & beweeklics
Up to 5,000 Between 5000 & 10,000 Above 10,000
10% 10% 5%
20% 13% 10%
10°/ 5%
: 2.8 In working out the basis entitlement and in revising it, RNI may, as considered appropriate by him in each case and reljing on the normal average consumption, ignore :
(i) abnormal short-term fall in circulation arising from special circumstances, inculding, strikes/lockouts or other reasons; and
(11) abnormal short-terni increaseincirculation attendant upon closure/disruption of work in compeilng new° papers or any other extraordinary circumsatances
In the caw of newspapers which could not come out for an abnormally long period, the entitlement may be worked out after taking into account all relevant factors.
2.9 Fxtra newsprint upto ihe limits indicated below will be
allowed to newspapers as wastage compensation,
5% (i) for aljnewspipers (ii) Jn coceof periodicals using multicoloured
printing
. 7 %
' 2.10. If any newspaper had not utilised any quantity allotted in 1981-82 or in any previous year, the unutilised quantity will be adjusted against its entitlement for 1982-83,
;. Prrcedure for submission of applications :
. 1 Application for allocation of newsprint should be made b> tl e publisher or a person duly authorised by him in this be 1111 in Forms NP-1 and NP 2 and should be addressed to the Fcfjistrtrof Newspapers for In dia, New Delhi, so as to reach him en cr before 30th November, 1982,
i.2 Applications for newsprint by newspapers should be pecempanied by a Performance Particulars Certificate fori 981-82 in IV] m NP-3 or a copy of the annual statement for 1981 re- quired to he filed under Section 19 D of the PRB Act, 1867. In the case of newspapers whose average circulation exceeds 7,000 copies per issue, their certificates or the annual statements, as the case may be, should be certified by a Chartered Accoun- tant.
3.3 Applications for initial quota by new publication* (vide para 2.3 above) should bs m ab in F"ar n NP-1 and should be accompained by—•
(i) Form NP-4; and
(ii) a bond executed by the applicant and duly guaranteed by any scheduled, rural or cooperative bank for 20 per cent of the value of the newsprint to which the appli- cant is entitled initially. This bond will be cancelled on the production of docunientry evidence to the satis- faction of the RNI to show that the newsprint had been utilised for the publication of the newspaper,
3.4 Applications for revision of entitlement should be accom-
panied by the following documents;
(i) Performance Particulars Certificate for 1982-R3 (up to the end of the month preceding the month in which the application is made) in form NP-3. in case of publica- tions with a circulation of more thivi 2,000 copies per pulibshing day, this must bo certified by a Chartered Accountant; and
(ii) an authenticated copy of the income tax return and the balance-sheet for the year 1981-82 in cases where the •ntitlement of newsprint is 300 tonnes or more.
3.5 No newspapers whose circulation has been assessed by RNI to be lower than that claimed by it will be eligible for up- ward revision,
3.6 Application for revision of entitlement should reach
RNI on or before 15th lanuary 1983.
4. Allocation :
4.1 Allotment of newsprint—standard, rotogravure and glazed, will generally be made in r"els, except as indicated in pa a 4.2
4.2 Newspapers printed on sheet-fed machines will received their entitlement only in sheets. Jn case sheets are not available, the entitlement will be raised by 5 per cent for conversion of reels into sheets on givln g proof that printing is actually carried out only in sheets.
4.3 In respect of newsprint from the Nepa Mills, publications
will be allowed 15% more than their entitlement for Nepa new"" print.
4.4 Periodicals, other than dailies, which have been in regular publication for more than three months, may be allowed to obtain their full entitlement or a portion of it in glazed or roto- gravure newsprint, subject to availability,
4.5 Newspapers with an entitlement of less than 300 tonnes
will have the option to obtain indigenous or imported newsprint either in part or in full.
4.6 The allocation of newsprint for those entitled to 300
tonnes or more will be as follows :—
(i) 20% of the entitlement —Nepa Newsprint.
(ii) 20% of the entitlement —Newsprint from Mysore
Paper Mills or/and H.P.C. (Kerala Newsprint Project).
(iii) 60% of the entitelcmtncnt —Imported newsprint
(At least 25 % of thi" should be lifted from the STC's buffer stock).
4.7 The porportion of indigenous and imported newsprint may b" varied in the light of availability of stocks from time to
time.
114.8 Jf shipment is not effected within 120 days of receipt of Letters of Credit by STC, efforts will be made to allot propor- tionate tonnage from the buffer stock on high sea sales basis which will be later replenished.
5, Distribution :
J.I The work relating to distribution of imported newsprint will be handled entirely by the STC as authorised by the RNI in accordance with these instructions and in compliance with the provisions of the Newsprint Control Order, 1962,
5,2 Delivery of high sea idles basis will be subject to the minimum quantity accepted for booking by the foreign supp- lier.
J.3 Newspapers which are given allotment on high sea sales baw>, will be allowed to take delivery also through the State Small Industries Development Corporation or other such Corporations functioning in (he State or through their authorised agents.
5.4 Newspapers which do not fulfil the condition of high sea sales allocations because of their individual entitlement being too small to be covered by that arrangement, can club their entitlement with those of other newspapers and get newsprint on high sea sales basis through either the State Small Industries Development Corporation or any other such Corporation func- tioning in the State or through their authorised ageijts.
5.5 Authorisations for entitlement of indigenous newsprint
will be issued by the RNI direct to the Mills concerned.
5.6 Newspapers should lift their allotment from high sea sales or buffer stock or from indigenous source;, within the periods specif i below :—
(i) with entitlement of less than 50 tonnes —6 months
(li) Others —2 months
If a newspaper fails to do so, it is liable to lose further allotment of newsprint.
6. Use of newsprint allocated to one newspaper for another newspaper :
One newspaper shall not make use of the newsprint allotted to another newspaper or newspapers, even though the publica- tions concerned have the same ownership or have been allowed to club their entitlement for the purpose of obtaining imported newsprint on high sea sale basis.
7. Exception:
Notwithstanding anything contained in these instructions, the RNI may waive any of the requirements or relax any of these instructions for good and valid reasons.
8. Miscellaneous :
8.1 No newsprint dealer or agent, who has not complied
with the provisions of the Newsprint Control Order, 1962, will be allowed to obtain imported newsprint either on highsea sale or from the bufier stock.
8.2 The Mills producing indigenous newsprint shall furnish to the RNI such information as is required by him periodically under the Newsprint Control Order, 1962.
8.3 A newspaper which is allotted newsprint should submit to the RNI a Performance Particulars Certificate for 1982-83 in form NP-3 not later than 30th June, 1983, duly certified by a Chartered Accountant, if the circulation is over 2,000 copies per publishing day. •
8.4 A newspaper which suspends or ceases publication shall submit to the RNf a Performance Particulars Certificate in Form NP-3 within a month of the suspension/cessation of pub- lication. It shall also surrender the newsprint not utilised by it as per directions of the RNI.
H,5 Specimen of Forms NP-J, NP-2, NP-3, and NP-4 are attached.
FORM NP-1
FORM—I
APPLICATION FORM FOR ALLOTMENT OF NEWSPRINT FOR NEWSPAPERS/PERIODICALS
P A R T -I
1. Nameof the Applicant.
2. Name of the Newspaper/Periodicals.
3- Full Postal Address.
4. (a) Date from which riewtpaper/Periodical is regularly Pub-
lished,
(h) Registration Number as given by Registrar of Newspaper
for India,
(c) Dito of filing the latest declaration with District Magistrate.
5. Nature of Cjncorn i.e. Puhlic/Piivate/Propnetorship etc. and
names of Directors/Partners etc.
6. Q uitity/Value of newsprint required fur 12 months.
—7. (a) Phased delivery requirement.
(b) Name of the agent authorised.
12 "THE GAZETTE OF INDIA : EXTRAORDINARY [PART I -Stc. 1]8. Name and other Particulars of Newspapers/Periodicals owned by the applicant.
Title of the Paper
Place of
Whether getting
Publication
Languagt & Periodicity
newsprint thr TUgh O o v c n u en
4 1
3
9, Particulars of circulation etc. per publishing day for the new newspapers/Periodical*,
(a) Date of the propsed Publication.
tb) Average No. of copies proposed to b" printed.
(c) Average No. of Pages.
(d) Average area of one page of nawspapers/Poriodicalu (m Sq. cnu)
(e) No. of publishing days.
10. Particulars of newsprint (Specify Glazed/Unglazed/Nepa separately).
Item No. Qty. in mts. Souro* Value (CIF) in Ri.
C msumed during 1.981-82 Required for the year 1982-83.
11. Liit Liaising year in which newsprint was taken from the OFFICE OF RNI-
12. (a) Type of Machine (i.e. Rotary/Flftthod/Letter Press)
(b) Size of reitysheets required.
DECLARATION
1/Wa hjre^y declare that the ab^ve statements arc truo and correct to best of my/our kn'iwiodge and belief. I/We fully understand that a'ly all ttment made to me/us on the biiis of the statement furnished is liable to cancellation, in at'diticn cf ai\y c ther rurally that the O >vt. may impose or aiy other action that may be taken having regard to the circumstaticei of the ewe if it is found that any of the statements of facts therein are incorrect or false.
2, I/We declare that the newsprint, if allotted will be used in our press/promises/establishments at the above mentKncd att'rtss.
3, I/Wa a ln f'jlly uidersta-id that the allocation of canalised item(s) through the canalising ager^y is made under the i n r crt T,-i le C)itMl R^j Nations and violation of the condition on which such goeds are release^1 to Use cf any misuse of such grtdt will a t t n ;t t^; p, wtjijns of im.nrts an I Ejipjrts (Control) Act, 1947, as amended and orders issued there urid.er.
13PART—II
INCOME-TAX DECLARATION
(a.) In case of persons not having taxable Woome
I/WJ h ;rjSy sjle.n ity declare that t/Wa arc not liable to pay any Income-tax including advance tajc BS the Income earned by ms/u; during the curre nt accenting year and last four accounting years has been below the maximum limit not char- genble to tax
(h) income of per^on^ having taxable Income
I/We hereby solemnly declare that.
1. I/We have furnished to the inc'ime-Tax Department the r"turn(s) of income due from me/us till dkte
2 I/We have paid all taxes including advance tax due from/me/us under the Incomo-Tax Act other than ihe tax demand which has b^etl stayed by the Competent Authority.
1 I/We have not been penalised •/convicted for concealment of income/wealth during the last three oaleoder yoars.
I/We hereby-.olomnly declare that the above declaration aho applied inthecaso t'f Companies in which J/Wcam/arehavirg lubitantial interest** or the firms or associations of persons in which I/We am/are Partners or members reipecthely.
OR
The atnve declaration is applicable in case of persona having mb"tanti"l interest** in the applicant C<~O"tpany or memberi of tho applicant association or Partner of the applicant firm.
Signature ™ -———
P l "c e_ _—
Dat" — - —
Addrcsi • •
Permanent A/C N; . — •
Designation of th" ITO with whom assossed
*If an appeal has boen tiled against the levy of ponalty and the appeal is pending before tho Appellate Assistant Commissicner Of Interne Tax Appellate Tribunal, such penalty need not be taloeu note for the purpoie of this declaration.
**The w irJs ••^uU^ttt1U.ll interest'' shall have the same meaning at in the explanation to Section 4C(A)(2) of the Incrire Tax Act, 1961.
FORM NP—2
STATEMENT TO BE GIVEN BY ALL APPLICANTS
1. Name of tb" ncwspApf r
2. Language/Periodicity
3. place of publication
4. Date from which the number of copies of the previous issue are April May June July Aufl. btlngcsnttneously published as per requirement of clause 5A of 81 81 81 HI SI the Newsprint Control Order, 1962 (as amended by the News- print Control (Amendment) Order, 1962)
5. Monthwise average number of pages printed per publishing day Sept. Oct. Nov Doc. duririg 1981-82 (mileage) (to be worked out as per Instructions 81 81 81 81 given at the end of this form)
Jan. Feb. March 82 82, 82
(i. Consumption of newsprint obtained under th" icheme of c*pori Glazed Unglazed Total promotion and consumed during 1981-K2
(. —gm")
Signature of the publisher
Date
Note: Tho riiurea to be given against Cul-5 uhould be worked oul by tuLing the total number of pages of an ujue multiplied by the total nun'jjr of opie;. piinted of that issue, whioh willf' t the information about the total nunjbei ot page* primed on the relevant publishing day Th" total no, of pages printed on alJ the publishing days ifi a month should be added. Th" monthly bv average shjold be arrived at b> dividing thlt total bv the total of number of publishing dayt in that month.
14 TrtE GAZETTE OF TNDIA : EXTRAORDINARY [PART I~SEC. ifFORM N.P.—13 FORM OF PERFORMANCE PARTICULARS CERTIFICATE REGARDING CIRCULATION £ 1C FOR THE PLR1OD
FROM 1-4-81 to 31-3-82
1. Name of the Newspapcr/Penodical —— _ _ _ _ 3_ Language — —
.———
2 Place of Publication-^
• —— •— 4. Pe.iodicit}- •• • ••
.——i—.—-— —
A. OTHERWISE AVERAGES DURING THE MONTH OF
(a) Actual no. of pub- Api. May June July Aug. Sept. Oct. Nov. Doc. Jan Feb. March Average lushing days month- 81 HI HI 81 bl SI 81 81 81 K2 82 82 foe th c wise.
year (b) Average no. of copies printed per publish- ing day.
(e) Average no. of copies sold per publishing day.
(d) Average no of copies distributed freo per publishing day (including comple- mentary voucher, ex- change, bonus sartple and office copies).
(e) Average no. of unsold returns and other copies printed but not included in (c) & (d)
(I) Average size of the newspaper/periodical (in sq. cm )
(g) Average no of pages
per issue
(h) Average no of pages printed pei publishing day.
B. Total consumption of newsprint dunng the year (in tonnes) '
C Total consumption of white printing paper dur- ing the year 1981-82 (in
.
Signature of the P u b l i s h e r— Name of the publisher— .—.—— „ Date
CERTIFICATE OF CHARTERED ACCOUNTANT
I/We have examined the books and account of M/s — • • — , __, , (name, language and periodicity of tho papei) published for the year 1981-82 and have obtained all the information and explanation required by us. In my/our opinion tho statement set forth above reflects true and correct analysis of circulation, page, size and number of publishing days for the v^ar 1981-82 to the best of my/our information and belief and according to the explanation given to ttie/us by the books of account etc.
Signature . , „_ Dated: >— — Stamp of the Chartered Accountant
1. Name and signature of the person who
has signed the eortificate.
2. Registration N o .— 3. Address — —• —— —
Not*: 1 If the ave-a&a circulation for the yoar is more than 2,000 copies pdi publishing day, the certificate should be typed on the letter head of a Chailced Accountant and should be duly countersigned by him.
2 All the averages have to be given month-wiso on the basis of the particulai s of pe. formancc during the relevant month.
1 Tho figui es to be given against (g) should be arrived at by adding the total number of pages of all the issuos published during a month and dividing the total by the number of publishing days m that month, while the figuies against (h) should be worked not like this: Tho no, of pages of an issue multiplied by tho total number of copies printed of that issu0 will give tho infoimatioii about the total number ol pages punted on ihe relevant publishing day. Tho total number of pages printed on all the publishing days in u month should be addod. The monthly average should be armed at by dividing this total by the total numboi of publishing days in that month
15FORM N.—4 STATEMENT TO BE GIVEN BY THE PUBLISHERS OF NFW DAH Y'PERIODICAL 1. Name of the Nrvgpapc/Perjodica)
(a) Name
(b) Language
(c) Periodicity
2. D'tc of filing the latest declaration.
3. Proposed date of commencement of the publication
4. Average number of copies proposed to be printod,
(at No. for sale (IV) No. for froe distribution.
5. Plact of printing and particulars of the Pr"ss.
(a) Particulars of the ownor of the press
Namo
Addrosi
(b) Printing capacity:
Details of printing/composing machine indicating the raaktt, model, speed per hour and piesont life of the machino.
6. Whether bank guarantee has beon executed in the specimen form
of the Scheduled bank .
7. If so, the name of the bauk and v^lue of the guai'anici.'.
S. Whether newsprint is to be lifted through agant
9. If so, the name of tho age"t.
10. The teTji of lifting newsprint in instalments or in one lot, buffer
stock/high soa sales.
11. Name of tho Editor.
DECLARATION
T/We hereby declare that tho above statements aio tiue and correct to the best of my/our knowledge and belief.
Place: •
Signatuie — . , , Date: — — — -~
Namo in the Block lettor——
Designation —•—.—.———.—— .
Residential address—— — „
PROFORMA FOR BANK GUARANTEE
To
The Registrar of Newspaper for India, (Ministry of Information & Broadcasting), West Block 8, 2nd Floor. Wing No. 2, R.K. Puram, New Delht-110066.
Dear Sirs,
Whereas M/s. • ——•• •--• — ———-———• —• .——— —.—. , (hereinafter rofe-red to as "Allottee") have applied to you for import of the under-mentioned quantity of newsprint for publication of the newspaper.
Name—— > . — — — . _ — —_ — Language — • - ••- — ^^ Periodicity _ _ — ^— ——*—-,-—-—Place of publication—^— *~ Approx. Quantity
Approx. CIF price, Rs.
And whwoas ai per conditions of the advance allocation for the proposed publication, Allottee is required "to have a Baflk GUarante for 20"/ of the j"opro\ini'Jta vttlua of the newsprint quantity Bppliod for.
16 THE GAZETTE OF INDIA . EXTRAORDINARY [PART i—SEC J]Now in consideration of the above premisei and at the request of the Allottee, we ("Name and address of the Bank) hereby condi- tionally irrevocably guarantee and undertake that in the event of non-paymant of sale p"ico and/or any other default/failure on the part of Allotteo to observe all or any of the conditions prescribed/to be proscribed by you, we shall on your first demand pay to you, any sum Upto Rs — ~ ,. 1 —without demur or without any reference to Allottee
Your docision that there has been a defauli/failure on the pan of the Allottee shall be final, conclusive and binding on m
This guarantee shall not be aflbctod by any foiboarance or indulgence of any kind shown by you 10 the Allottee and/or by any Ohtnge in the conditions proscribed by you and or in the constitution of the same and/or the Allottee
The guaranioc is valid foi a. period of ihrec months from the date of issue and a claim undei it must be idei i ed within six month-, of the d"te ot tts expuy.
Yours, faithfully,
SIGNATURE OF THE AUTHORISED BANK. OFFICERS
MINTED BY THE MANAGER, OOVT. OF INDIA PKESB, KING ROAD, NEW DELHI-110064
AND PUBUSHEl* BY THP COVTROILER OT PUBLICATION"! DELHT-1100M, 1982
- 1^ 1 I i--". Siifnature — - — - Name in Block lctteri ._ _ . _. Designation — .. ._ Reiidentittl Address — -,- - .- . ↩