Office Memorandum No. 4685/2026/TD of the Transport Department, Government of Gujarat dated 11th March, 2026 on the holding of a Government guarantee [C16-BNT]
As at 6 September 2026. In force. No commencement recorded.
No. 4685/2026/TD
GOVERNMENT OF GUJARAT
Transport Department, Government of Gujarat
Gandhinagar, dated the 11th March, 2026
OFFICE MEMORANDUM
Subject: The holding of a Government guarantee by guarantee holders under the Gujarat Infrastructure Development Act, 1999, regarding.
1. The undersigned is directed to say that references have been received in the Transport Department, Government of Gujarat on the manner in which the holding of a Government guarantee by guarantee holders is to be regulated under the Gujarat Infrastructure Development Act, 1999.
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-A to the Finance Commission within twenty-one days, accompanied by a fee of two thousand rupees.
3. It is, accordingly, clarified that a separate application shall be made in respect of each place at which the holding of a Government guarantee is undertaken, and the Finance Commission shall dispose of it within twenty-one days of its receipt.
4. Difficulties, if any, in the implementation of this office memorandum may be brought to the notice of the Transport Department, Government of Gujarat.
(Secretary to Government)
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