Security deposit refund procedure revised: project import group will process refunds and direct CAO for RTGS disbursement. Project Import group (Group VI) will directly process refunds of cash security deposits on project finalization, passing a Sanctioning Order and conducting pre-audit where required, then forwarding the Refund Order to the Chief Accounts Officer after defacing the security deposit challan; the CAO will prepare the cheque and effect transfer to the party's RTGS account, replacing prior centralised refund claims through the Central Refund Cell I and taking effect immediately.
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Security deposit refund procedure revised: project import group will process refunds and direct CAO for RTGS disbursement.
Project Import group (Group VI) will directly process refunds of cash security deposits on project finalization, passing a Sanctioning Order and conducting pre-audit where required, then forwarding the Refund Order to the Chief Accounts Officer after defacing the security deposit challan; the CAO will prepare the cheque and effect transfer to the party's RTGS account, replacing prior centralised refund claims through the Central Refund Cell I and taking effect immediately.
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