Movable Property Form In Railway
Description
How to fill out Contract For The Lease Of Personal Property?
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FAQ
Whenever Railway servant is planning to purchase or sale of Immovable property, the prior intimation is mandatory. If the intimation is given for noting after the sale or the purchase of the property, such cases attract post-facto sanction.
I request that I may be given permission to acquire of property as described above from/ to The party whose name is mentioned in item 11 above. I............... OR hereby intimate the proposed acquisition/ disposal of property by me as detailed above. I declare that the particulars given above are true.
The non-intimation of acquisition of immovable property is only a technical lapse and no major penalty proceeding can be instituted for such lapse.
As per CCS CCA Conduct Rule 1964, 18 (3) Where a Government servant enters into a transaction in respect of movable property either in his/her own name or in the name of the member of his family, He/She shall, within one month from the date of such transaction, report the same to the prescribed authority, if the value ...
Sub-rule (3), ibid provides that all Government servants should give an intimation to the prescribed authority within one month of entering into any transaction of movable property, the value of which exceeds the monetary limits prescribed in that Rule.