Section 39 in The M.P. Gram Panchayats (Accounts) Rules, 1999
39. Payments exceeding Rs. 1,500/-.
- All payments exceeding Rs. 1,500/- or such higher amount as may be prescribed by the State Government, shall be made through cheque only. In case of payment of Rs. 10,000/- or more payment must be made through an "Account Payee" cheque.
