Section 58 in The M.P. Janpad Panchayats (Accounts) Rules, 1999
58. Physical Verification.
- Physical verification of ail the items of stores/ dead stock shall be carried out on a periodic basis and atleast twice in a year, once by the General Administration Committee and once by the Chief Executive officer shortage/ excess, if any, detected on verification shall be, recorded in the register duly signed and dated by the verifying authority. The reasons for the shortages shall be investigated and brought to the notice of the Janpad Panchayat for recovery/ appropriate action.
