GENERAL PRINCIPLES - Shivaji University

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(i)
If the recovery is made by a short payment of an item chargeable to a head
under which the previous overpayment occurred, no further adjustment is
necessary, as the short payment is set off against the excess payment.
(ii) If the recovery is made in cash, the amount shall be taken to the credit of the
concerned expenditure head and the expenditure will stand reduced.
(iii) If the recovery is effected by short payment of an item chargeable to a head
other than that under which the excess payment was previously made :-
(a)
(b)
The total payment, i.e. the net amount actually paid plus the amount
short paid shall be entered under the head to which the payment pertains,
and
The amount short paid shall be taken as credit item under the concerned
expenditure head.
1.41 Recoveries of such overpayments made in a subsequent year, except in respect
of works in progress, shall be accounted for under the relevant receipt major head
or under the head “Miscellaneous receipt”. In the case of works in progress, the
recoveries shall be taken as reduction of expenditure so long as the accounts of
the work are open.
1.42 No claim against the University which are not presented within the time limit
prescribed hereunder will be entertained: -
(a) No claim for the payment of travelling and halting allowance will be entertained
after a lapse of six months from the date on which the tour is over.
(b) Claims for payment of travelling and halting allowance after a period of six
months to one year, from the date, on which, the tour completed will be
entertained with the approval of Hon’ble Vice-Chancellor only.
(c) Payment of remuneration for examination claimed beyond one year from the
date of examination results will be considered as lapsed.
(d) Scholarships not claimed within 12 months from the date of their becoming
due shall lapse to their respective funds.
(e) All other claims will be lapsed after the expiry of three years from the date of
its becoming due.
All above lapsed amounts shall be credited to university fund as a Miscellaneous
Receipt.
1.43 No Cheque shall be signed unless required for immediate delivery to the payee or
drawn in favour of a person other than the actual payee.
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