State of Maharashtra - Act
The Maharashtra Industrial Development Rules, 1962
MAHARASHTRA
India
India
The Maharashtra Industrial Development Rules, 1962
Rule THE-MAHARASHTRA-INDUSTRIAL-DEVELOPMENT-RULES-1962 of 1962
- Published on 6 August 1962
- Commenced on 6 August 1962
- [This is the version of this document from 6 August 1962.]
- [Note: The original publication document is not available and this content could not be verified.]
Chapter I
Preliminary
1. Short title.
- These rules may be called the Maharashtra Industrial Development Rules, 1962.2. Definitions.
- In these rules, unless the context otherwise requires-Chapter II
Remuneration of Members of the Corporation
3. Salary and allowances and honorarium of members.
4. Travelling allowances.
Chapter III
Conditions of Appointment and Service and Scales of Pay of Chief Executive Officer and Chief Accounts Officer
5. Pay and allowances.
- The Chief Executive Officer and the Chief Accounts Officer shall be appointed by the State Government on such pay as may be fixed by that Government in the following scales of pay and allowances, namely :-6. Travelling allowance.
7. Leave and leave salary.
- The Chief Executive Officer or the Chief Accounts Officer who -8. Provident Fund.
- The Chief Executive Officer or the Chief Accounts Officer who -9. Termination of service.
- Except, as otherwise expressly provided in the terms of a contract in any individual case, the State Government may terminate the service of the Chief Executive Officer or the Chief Accounts Officer, who is not a Government servant deputed on foreign service conditions to the Corporation or being a Government servant has ceased to be in Government service, by giving him three months' notice or in lieu of such notice an amount equal to three months' pay.10. Resignation.
- Except as otherwise expressly provided by the terms of a contract in any individual case, the Chief Executive Officer or the Chief Accounts Officer, who is not a Government servant deputed on foreign service conditions to the Corporation, or being a Government servant has ceased to be in Government service, may resign his office by giving three months' notice in writing to the State Government :Provided that, if the State Government so directs before the expiry of the aforesaid period of three months, the Chief Executive Officer or the Chief Accounts Officer, as the case may be, giving such notice, shall not vacate his office after the period of three months until such time as he is relieved thereof.11. Disciplinary action.
- The Chief Executive Officer or the Chief Accounts Officer, who -12. Other conditions of service.
- All other matters relating to the conditions of service of the Chief Executive Officer or the Chief Accounts Officer, who -13. Government servants on deputation.
- Notwithstanding anything contained in these rules, the State Government may [determine] [Substituted by G. N. of 22.7.1966.] any other conditions of appointment, service or scales of pay for the Chief Executive Officer or the Chief Accounts Officer, who is a Government servant deputed on foreign service conditions.Chapter IV
Finance of the Corporation
14. Money to be kept by the Corporation in current or deposit account.
- Except as otherwise directed by Government, all monies forming part of the fund of the Corporation shall be kept in current or deposit account with the State Bank of India or the Reserve Bank of India or in any Schedule Bank or invested in such securities as may be approved by the State Government :Provided that, the Corporation may keep on hand such sums not exceeding Rs. 10,000 as the Corporation may consider necessary.15. Temporary borrowing by the Corporation.
- The Corporation may, for the purpose of meeting any current expenditure properly chargeable to revenue, borrow by way of temporary loan or over-draft from any bank or otherwise, such sums as it may require, on such terms and conditions as the Corporation thinks fit. The amount so borrowed, together with the interest thereon, shall be repaid from current revenues within a period of twelve months from the date of the temporary borrowing [or within such extended period as the State Government may allow.] [Added by G. N. of 22.7.1966.]16. Limit on borrowing without previous consent of Government.
- The Corporation may borrow money and mortgage or charge its undertaking and property (including its revenues) or any part thereof and issue debentures, debenture stock, notes and other securities whether outright or as security for any debt, liability or obligation of the Corporation or of any third party; provided that the aggregate amount for the time being remaining undischarged of money borrowed or secured as aforesaid by the Corporation exclusive of the temporary loans as aforesaid shall not at any time, without the previous consent of the State Government exceed the sum of Rs. 25,00,000.Nothing herein contained shall require a bona fide lender to the Corporation to ascertain if the limits herein prescribed have been or are about to be exceeded.17. Manner of Issuing securities.
- Every bond, obligation, debenture or other security issued by the Corporation for raising money or for securing money borrowed by or due from the Corporation shall be by a deed under the common seal of the Corporation and signed autographically by the Chief Executive Officer or any other officer authorised by the Corporation in that behalf.18. Register of securities to be kept.
- A register of bonds, debentures and other securities shall be kept by the Corporation in which shall be entered the number and date of every such bond, debenture or other security and the sum secured thereby and the names of the parties thereto (if any) with their proper addresses and all other necessary particulars thereof.19. Instructions which may be issued for Transfer of Securities.
- The Corporation may from time to time issue instructions for controlling the transfer of any bond, debenture or other security as it may deem expedient, provided that no such instructions shall affect the holder or transferee of any bond, debenture or other security unless distinct notice of such instruction shall appear thereon.20. Assigning or conveying property of Corporation for certain purposes.
- The Corporation may, for the purpose of securing the payment of any such bonds, debentures or other securities as aforesaid, or the payment with interest of any money so borrowed as aforesaid or payable under any contract or otherwise, make and carry into effect any arrangement which the Corporation may deem expedient by assigning or conveying any property of the Corporation, including its revenues, to trustees.21. Debentures ordinarily payable to bearer.
- Unless otherwise resolved by the Corporation in a general meeting, any debentures which may be issued by the Corporation may be so framed that the principal money and interest thereby secured shall be payable to the bearer and free from any equities between the Corporation and the persons to whom the same may be issued.22. Particulars of borrowing on guarantee to be furnished.
- Where the Corporation proposes to borrow money on the guarantee of the State Government as provided in sub-section (2) of section 22, the Corporation shall furnish to the State Government all such particulars of the amount, purpose, nature and circumstances of the proposed borrowing and the amount of outstanding loans and such other information as the State Government may require.23. Saving for Government.
- No security shall be issued or granted as a security in respect of which the payment of the principal and interest is guaranteed by the State Government, until the amount, price, rate of interest, date and method of issue of such security, the arrangements for the application of the proceeds of the issue and for the repayment of the proceeds have been previously approved by the State Government and no variation of any such arrangements shall be made without the like approval of the State Government.Chapter V
Annual Financial Statement and other Statements and Reports to be Furnished by the Corporation and Manner of Maintaining Accounts
24. Budget and programme of work.
25. Maintaining of accounts.
26. Annual report and other returns.
Chapter VI
Miscellaneous
27. Time within which cases under section 33(3) to be disposed of.
- The Collector shall dispose of cases referred to him under sub-section (3) of section 33 within one year from the date on which they are referred to him, [or not later than such further period not exceeding twelve months, as the State Government may, in any case or class of cases, allow).28. [ Delegation of Powers. [Rule 28 was substituted by G.N. of 11.6.1993.]
29. [ Service charges. [Added by G. N. of 26.9.1974.]
- Where the Corporation provides any amenities in or to any industrial area or estate, then there shall be levied and collected from every person holding under the Corporation any premises whether as lessee or otherwise in such area or estate a fee at such rate not exceeding the following rate as the Corporation may determine, regard being had to the expenses incurred for providing and maintaining such amenities therein, namely :-30. [ Period after which no notification shall be issued under first proviso to section 1(3). [Inserted by G.N. of 9.2.1977.]
- The following periods are hereby prescribed for different areas under the second proviso to sub-section (3) of section 1 of the Act, after the expiry of which no notification shall be issued by the State Government under the first proviso to the said sub-section (3) directing that Chapter VI of the Act shall cease to be in force in those areas or any parts thereof, namely :-| Area | Period | ||
| 1. | For all areas in which Chapter VI of the Acthas been brought into force before the commencement of theMaharashtra Industrial Development (Amendment) Act, 1974(Maharashtra XVIII of 1975) on the 15th day of September, 1976. | In the case of each such area, a period of 20years from the date of bringing into force of Chapter VI in thatarea under sub-section (3) of section 1 of the Act. | |
| 2. | For all areas in which Chapter VI of the Acthas been brought into force after the commencement of theMaharashtra Industrial Development (Amendment) Act. 1974(Maharashtra XVIII of 1975), on the 15th day September, 1976. | In the case of each such area, a period of 10years from the date of bringing into force of Chapter VI in thatarea under sub-section (3) of section 1 of the Act.] |
| Sub-heads | Actuals for previous year | Budget estimates for current year | Revised Estimates for the current year | Budget Estimates 19... | Remarks (explanation for increase/ decrease) | |
| (1) | (2) | (3) | (4) | (5) | (6) | |
| Rs. | Rs. | Rs. | Rs. | |||
| 1. | Annual rent land leased | |||||
| 2. | Annual rent buildings | |||||
| 3. | Water supply and electric supply charges | |||||
| 4. | Hire charges for tools and plants | |||||
| 5. | Recovery of fines from contractors | |||||
| 6. | Forfeiture of deposits | |||||
| 7. | Interest | |||||
| 8. | Miscellaneous | |||||
| 9. | Subventions from State Government | |||||
| Total ..Deficit .. |
| Sub-heads | Actuals for previous year | Budget estimates for current year | Revised Estimates for the current year | Budget Estimates 19... | Remarks (explanation for increase/ decrease) | |
| (1) | (2) | (3) | (4) | (5) | (6) | |
| Rs. | Rs. | Rs. | Rs. | |||
| I. | Administrative Expenses - | |||||
| (a) Establishment and other charges | ||||||
| (b) Contingencies | ||||||
| Total - I | ||||||
| Deduct- ......per cent. | ||||||
| Transferred to development expenditure in capital account | ||||||
| Net .... | ||||||
| II. | Executive Expenses- | |||||
| (a) Establishment and other charges | ||||||
| (b) Contingencies | ||||||
| Total-II | ||||||
| Deduct- .....per cent. | ||||||
| Transferred to development expenditure in capital account. | ||||||
| Net .... | ||||||
| III. | Water Supply and Electricity Supply Charges. | |||||
| IV. | Maintenance and repairs - | |||||
| Deduct- per cent. | ||||||
| Transferred to development expenditure in capital account | ||||||
| V. | Depreciation | |||||
| VI. | Expenditure in connection with issue of loans | |||||
| VII. | Interest on loans | |||||
| VIII. | Sinking Fund Transfers | |||||
| IX. | Miscellaneous | |||||
| Total .... | ||||||
| Surplus .... |
| Budget heads | Actuals for previous year | Budget estimates for current year | Revised Estimates for the current year | Budget Estimates 19... | Remarks (explanation for increase/ decrease) | |
| (1) | (2) | (3) | (4) | (5) | (6) | |
| Rs. | Rs. | Rs. | Rs. | |||
| 1. | Loans received - | |||||
| (a) From Government | ||||||
| (b) Other loans (public or private) | ||||||
| 2. | Deposits - | |||||
| (a) For lease of plots and buildings | ||||||
| (b) Other deposits | ||||||
| 3. | Miscellaneous | |||||
| 4. | Sinking Fund transfers from Revenue | |||||
| Deduct-Investments .. | ||||||
| Total ... | ||||||
| Capital Deficit.. |
| Sub-head | Actuals for previous year | Budget estimates for current year | Revised Estimates for the current year | Budget Estimates 19... | Remarks (explanation for increase/ decrease) | |
| (1) | (2) | (3) | (4) | (5) | (6) | |
| Rs. | Rs. | Rs. | Rs. | |||
| I. | Fixed Assets | |||||
| II. | Development of Industrial Areas and Estates | |||||
| III. | Development of other schemes | |||||
| IV. | Development of schemes undertaken for and on behalf ofGovernment | |||||
| Less- Deposits from Government | ||||||
| V. | Development of schemes undertaken on behalf of bodies otherthan Government. | |||||
| Less- Deposits | ||||||
| VI. | Stock | |||||
| VII. | Advances | |||||
| VIII. | Sundry Creditors (-) | |||||
| Total ... | ||||||
| Capital Surplus ... |
| Name of Scheme | Total estimated cost | Expenditure upto 31st march, 19... | Actuals for previous year | Budget estimates for current year | Revised Estimates for the current year | Budget Estimates 19... | Remarks (Explanation for increase/ decrease) | |
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
| Rs. | Rs. | Rs. | Rs. | Rs. | Rs. | |||
| 1. | Survey and Planning | |||||||
| 2. | Roads | |||||||
| 3. | Waterworks, Drainage Works and Electrical Works | |||||||
| 4. | Buildings | |||||||
| 5. | Railway Sidings | |||||||
| 6. | Miscellaneous including contingencies | |||||||
| Total.... |
| Revenue Surplus : | Revenue Deficit : |
| Capital Surplus : | Capital Deficit : |
| Explanatory Note : |
| Sr. No. | Name of Scheme | Estimated cost of the work | Estimated expenditure in the year for whichprogramme is proposed | Estimated receipts | Salient features, amenities and facilities toindustries |
| (1) | (2) | (3) | (4) | (5) | (6) |
| Liabilities | Rs. Rs. Rs. | Assets | Rs. Rs. Rs |
| A. Amounts repayable to the StateGovernmentB. Deposits received fromGovernment for schemes undertaken for and/or on behalf ofGovernmentLess- ExpenditureC. Deposits received from otherthan Government for other schemes of developmentLess- ExpenditureD. Loan from publicE. Deposits -(i) For lease of plots and buildings(ii) Other depositsF. Sundry CreditorsG. Net Surplus | 1. Fixed Assets2. Development of Industrial Areasand Estates3. Development of other schemes4. Stock on hand5. Cash -(a) Short Term Deposits(b) Remittances in Transit(c) Cash at Bank(d) Cash in hand6. Amounts due from StateGovernment7. Advances -(i) Due from State Government(ii) Miscellaneous Advances(iii) Amounts recoverable8. Net deficit |
| Class of Asset | Balance as on 31st March, 20 ... | Additions during the year | Cost to 31st March, 20 ... | Depreciation | Balance as on 31st March, 20 ... | Remarks |
| 1. Tools and Plants | ||||||
| 2. Miscellaneous | ||||||
| Total ... |
| Industrial Area or Estate | Upto 31st March 20... | 20...... | Upto 31st March, 20... | ||||||
| Development Expenditure | Administrative Charges | Total Expenditure | Development Expenditure | Administrative Charges | Total Expenditure | Development Expenditure | Administrative Charges | Total Expenditure | |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| 1.2.3.etc. | Rs. | Rs. | Rs. | Rs. | Rs. | Rs. | Rs. | Rs. | Rs. |
| Name of Scheme | Upto 31st March 20... | 20...... | Upto 31st March, 20... | ||||||
| Development Expenditure | Administrative Charges | Total Expenditure | Development Expenditure | Administrative Charges | Total Expenditure | Development Expenditure | Administrative Charges | Total Expenditure | |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| 1.2.3.etc. | Rs. | Rs. | Rs. | Rs. | Rs. | Rs. | Rs. | Rs. | Rs. |
| Expenditure | Rs. Rs. Rs. | Income | Rs. Rs. Rs. |
| 1. Executive Expense. -(i) Establishment(ii) Contingencies (includingmiscellaneous)Less- 100 per cent,transferred development expenditure2. Administrative Expenses -(i) Establishment(ii) Contingencies (includingmiscellaneous)Less- 25 per cent,transferred to development expenditure3. Water Supply and ElectricityCharges4. Maintenance and Repairs -Less- Transferred todevelopment expenditure5. Depreciation6. Expenditure in connection withthe Issue of loans including Guarantee fees, if any7. Interest on loans8. Miscellaneous9. Surplus for the year | 1. Annual rent of land leased2. Annual rent of building3. Water Supply and Electric SupplyCharges4. Hire charges for tools andplants5. Recovery of fines fromcontractors6. Forfeiture of deposits7. Interest8. Miscellaneous9. Subventions from StateGovernment10. Deficit for the year | ||
| Total | Total |