Minutes of the 8th meeting of Executive Committee of Directors

Rajasthan State Road Develop. & Construction Corpn. Ltd.(A GOVERNMENT OF RAJASTHAN UNDERTAKING)Regd. Office : Setu Bhawan, Opposite Jhalana Doongri, Jaipur-Agra Bypeass, Jaipur-302004Minutes of the 8th meeting of the Executive Committee of Directors of Rajasthan StateRoad Development & Construction Corporation Limited was held on Monday the 9thJune, 2003. In the Chamber of Secretary to Govt., PWD Raj., Jaipur at 11.00 AM.The following were present:1. Sh. Ram Lubhaya, Chairman of the CommitteeSec . to Govt.,PWD, Rajasthan2. Shri Deepak Upreti MemberSpl. Secretary to Govt. Finance Deptt.,Rajasthan, Jaipur3. Shri D.C. Katara MemberChief Engineer (Roads),PWD, Rajasthan,Jaipur4. Shri P.K.Saxena, MemberManaging Director, RSRDC, JaipurIn attendance:1 Sh. N.K. Sharma, General Manager2 Shri M.L. Chhabara, Chief Accounts Officer.3 Shri R.K. Singhal, Company Secretary

E.C. 8.1Review / Follow up.Item No. Particulars Directions/ DecisionE.C. 5.2 Recovery ofOutstanding1. PWD outstanding will be reconciled with in aweeks time.2. Legal notice to RSEB & filling of case by30.6.03List of works where work has been reportedcomplete but financial closure has not been doneso far will be prepared and efforts be made toget financial closure done within a time frame &progress be put up before next E.C. Meeting.E.C.8.2Transfer of ShareRESOLVED THAT approval be and is hereby accorded for the transfer ofshares as under:-S.No. Name of Name of Transferee No. of SharesTransferor1. Sh. V.K. Garg Sh. P.K. Saxena 12. Sh. J.P. Madan Sh. D.C. Katara 1RESOLVED further that Sh. R.K. Singhal Secretary be and is herebyauthorised to register the same in the Company's books and to take allfurther necessary steps for its implementation.E.C.8.3Constitution of D.P.C. for various posts in the CorporationIt was RESOLVED THAT standing departmental promotion committee forvarious post of RSRDC staff be and is hereby constituted as follows:-(A)For Posts equivalent to Gazetted.i) Managing Director, RSRDC Ltd.ii)General Manager/Chief Project Manager, RSRDC Ltd.

iii) Superintending Engineer (Admn.), RSRDC Ltd.(B)For Post equivalent upto non Gazetted leveli) General Managerii)iii)Chief Project ManagerSuperintending Engineer (Admn.)E.C. 8.4Ex-Post facto approval of D.P.C. for the post S.E.Ex-Post facto approval for the constitution of DPC (constituted with theapproval of Vice-Chairman) was granted.E.C.8.5Restructuring of RSRDCFor restructuring of RSRDC draft be prepare for providing financial powersto RE's in consultation with CAO and be put up to E.C.E.C.8.6Status Report of ongoing tender works.The committee directed to review the progress of work and ensure thatprojects are completed in time. Project wise profit and loss account of alltendered works under progress be prepared and put up before next E.C.E.C.8.7Status Report of PMGSY & RUP works.It was discussed with item no.8.6The meeting concluded with a vote of thanks to the Chair.Sd/ Sd/ Sd/(R.K. Singhal) (P.K. Saxena) (Ram Lubhaya)Co. Secretary M.D. Chairman of the

Committee