Section 15 in The Maharashtra BPS Operational framework, 2007
15. All the eligible persons, at the end of a financial year, shall submit the year-end data of the financial year latest by 21st April of subsequent financial year in Form II to Form IV as mandated by this order. The MEDA shall issue Form-I indicating shortfall by eligible persons by 15th May and it shall be mandatory for eligible persons to complete the financial transaction, if chosen, and submit the documentary proof of the same latest by 30th May of subsequent financial year failing which, they shall pay penalty charges in accordance of clause 7.10 above.
