Employee Corner
EMPLOYEES CORNER (ONLY FOR MOIL EMPLOYEES)
As per Rule 20all executives officers of the company are liable to submit annually their annual property returns and give prior intimation /seek prior permission of any transaction of property.
Submission of Annual Property Return
As per Rule 20(1) of MOIL employees conduct rules 1978 all executives of the company are liable to submit annually their property returns.
The forms prescribed by the company for the above purposes are:
1) Form No. 1- Statement showing the details of immovable property.
2) Form No. 3- Detailed statement in respect of shares, securities debentures purchase investment in mutual fund scheme etc. exceeds Rs. 25,000 under promoters/ employees quota in officer own name and also house held in the names ofspouse and dependent / children.
How to fill Annual Property Return Form?
a) Annual Property Return Form (APR)
b) Sample filled form of APR (i.e. use for reference only)
As per Section 44 of the Lokapal & Lokayuktas Act 2013 , all executives of the company are liable to submit annually their Return of Assets and Liabilities in the prescribe form.
How to fill up the form for declaration of assets and liabilities?
Rule for immovable property :- As per Rule 20(2) of MOIL employees conduct rules 1978 no employee shall except with the previous knowledge of the Chairman cum Managing Director acquire or dispose of any immovable property by lease, Mortgage, purchase, sales, gifts or otherwise either in his own name or in the name of any member of his family. The executives shall submit intimation/ seek previous sanction for such transaction by submitting its information duly filled up in the prescribed form i.e. Form-I.Rule for movable property :- As per Rule 20(3) of MOIL employees conduct rules 1978 every employee employee shall report to the Chairman cum Managing Director within one month every transaction concerning movable property owned or held by him either in his own name or in the name of any member of his family.The executives shall submit intimation/ seek previous sanction for such transaction by submitting its information duly filled up in the prescribed form i.e. Form-II.