Standing Order No. 1956/2011 of the Industries and Commerce Department, Government of Gujarat dated 17th December, 2011 on the holding of a Government guarantee [C13-3HT]
As at 7 September 2026. In force. No commencement recorded.
Standing Order No. 1956/2011
GOVERNMENT OF GUJARAT
Industries and Commerce Department, Government of Gujarat
Gandhinagar, dated the 17th December, 2011
STANDING ORDER
To
All Budget Officers,
Subject: The holding of a Government guarantee by guarantee holders under the Gujarat Infrastructure Development Act, 1999, regarding.
In exercise of the powers conferred by section 9 of the Gujarat Infrastructure Development Act, 1999 (Gujarat Act 11 of 1999), the Industries and Commerce Department, Government of Gujarat hereby issues the following Standing Order for the guidance of all officers subordinate to it:
1. References have been received seeking clarification on the manner in which section 9 applies to the holding of a Government guarantee by guarantee holders.
2. The matter has been examined. Every guarantee holder carrying on the holding of a Government guarantee shall make an application in Form GFR 12-C to the Controller General of Accounts within one hundred and twenty days, accompanied by a fee of one thousand rupees.
3. The Budget Officer shall ensure that grant is dealt with as directed above, and shall report compliance to the Controller General of Accounts within one hundred and twenty days.
4. Difficulties, if any, in the implementation of this standing order may be brought to the notice of the Industries and Commerce Department, Government of Gujarat.
(Secretary to Government)
Made under
Recital: "In exercise of the powers conferred by section 9 of the Gujarat Infrastructure Development Act, 1999 (Gujarat Act 11 of 1999), the Industries and Commerce Department, Government of Gujarat hereby issues the following Standing Order for the guidance of all officers subordinate to it:". Names section 9 of the Gujarat Infrastructure Development Act, 1999 (Gujarat Act 11 of 1999) [S2K-9RF]. Vires verified.
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