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State of Madhya Pradesh - Section

Section 61 in The M.P. Zila Panchayats (Accounts) Rules, 1999

61. Physical Verification.

- Physical verification of all the items of stores/dead stock shall be carried out on a periodic basis and atleast twice in a year by the General Administration Committee shortages/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 Zila Panchayat for recovery/appropriate action.