Office Memorandum No. 3244/2007/FD of the Finance Department, Government of Maharashtra dated 21st June, 2007 on the holding of Government bonds [C16-JTF]
As at 6 September 2026. In force. No commencement recorded.
No. 3244/2007/FD
GOVERNMENT OF MAHARASHTRA
Finance Department, Government of Maharashtra
Mumbai, dated the 21st June, 2007
OFFICE MEMORANDUM
Subject: The holding of Government bonds by holders of a Government bond under the Maharashtra Fiscal Responsibility and Budgetary Management Act, 2005, regarding.
1. The undersigned is directed to say that references have been received in the Finance Department, Government of Maharashtra on the manner in which the holding of Government bonds by holders of a Government bond is to be regulated under the Maharashtra Fiscal Responsibility and Budgetary Management Act, 2005.
2. The matter has been examined. Every holder of a Government bond carrying on the holding of Government bonds shall make an application in Form GFR 19 to the Comptroller and Auditor-General within one hundred and twenty days, accompanied by a fee of five thousand rupees.
3. It is, accordingly, clarified that a separate application shall be made in respect of each place at which the holding of Government bonds is undertaken, and the Comptroller and Auditor-General shall dispose of it within one hundred and twenty days of its receipt.
4. Difficulties, if any, in the implementation of this office memorandum may be brought to the notice of the Finance Department, Government of Maharashtra.
(Secretary to Government)
Made under
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