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Questions and Answers
What is the maximum amount that can be paid for claims settled out of court, according to the content provided?
What is the maximum amount that can be paid for claims settled out of court, according to the content provided?
- There's no fixed limit
- Rs. 25,000 (correct)
- Rs. 10,000
- Rs. 100,000
What type of claims are specifically excluded from the 'claims settled out of court' category mentioned in item vi(a)?
What type of claims are specifically excluded from the 'claims settled out of court' category mentioned in item vi(a)?
- Claims relating to Railway accidents (correct)
- Claims for injury to person or damage to property
- Claims for compensation for lost or damaged goods (correct)
- Claims involving military duty.
In which scenario does the Railway Board need to be informed about the details of a claim?
In which scenario does the Railway Board need to be informed about the details of a claim?
- Claims settled out of court for less than Rs. 25,000
- Claims decreed by a court of law for more than Rs. 25,000 (correct)
- All claims exceeding Rs. 10,000
- Claims settled by arbitration award
What is the maximum amount that can be paid for a claim settled out of court, if it involves military duty?
What is the maximum amount that can be paid for a claim settled out of court, if it involves military duty?
Which of the following claims is not subject to the power of the higher authority?
Which of the following claims is not subject to the power of the higher authority?
What is the maximum amount that can be paid for a claim decreed by a court of law?
What is the maximum amount that can be paid for a claim decreed by a court of law?
Which of the following conditions applies to claims settled by arbitration award?
Which of the following conditions applies to claims settled by arbitration award?
If the higher authority needs to pay more than Rs. 25,000 for a claim decreed by a court of law, what action is required?
If the higher authority needs to pay more than Rs. 25,000 for a claim decreed by a court of law, what action is required?
According to the content, what is the purpose of informing the Railway Board about claims exceeding Rs. 25,000?
According to the content, what is the purpose of informing the Railway Board about claims exceeding Rs. 25,000?
What is the main focus of this content?
What is the main focus of this content?
What is the maximum amount for which a General Manager can sanction a refund without prior approval?
What is the maximum amount for which a General Manager can sanction a refund without prior approval?
Who should the General Managers consult before delegating their powers?
Who should the General Managers consult before delegating their powers?
Which of the following describes the conditions under which the General Managers can delegate powers?
Which of the following describes the conditions under which the General Managers can delegate powers?
In the presence of a disagreement between the General Manager and the Financial Adviser, what should occur next?
In the presence of a disagreement between the General Manager and the Financial Adviser, what should occur next?
What must be observed when exercising the powers delegated by General Managers?
What must be observed when exercising the powers delegated by General Managers?
Which document outlines the powers of General Managers in financial matters?
Which document outlines the powers of General Managers in financial matters?
Which letter revised the powers of General Managers regarding financial matters?
Which letter revised the powers of General Managers regarding financial matters?
How can General Managers ensure their expenditure decisions are compliant with financial regulations?
How can General Managers ensure their expenditure decisions are compliant with financial regulations?
What is necessary for the General Managers to handle expenditures that exceed certain limits?
What is necessary for the General Managers to handle expenditures that exceed certain limits?
What is one of the key powers of General Managers regarding expenditure?
What is one of the key powers of General Managers regarding expenditure?
Under what condition can payment to a contractor exceed Rs. 50,000 as a result of an arbitrator's award?
Under what condition can payment to a contractor exceed Rs. 50,000 as a result of an arbitrator's award?
What is the maximum value of irrecoverable losses that a Railway employee can be responsible for before needing authorization from the Railway Board?
What is the maximum value of irrecoverable losses that a Railway employee can be responsible for before needing authorization from the Railway Board?
Which losses can be written off by the General Manager without reporting to the Railway Board?
Which losses can be written off by the General Manager without reporting to the Railway Board?
What is the threshold for writing off irrecoverable losses when no Railway employee is responsible?
What is the threshold for writing off irrecoverable losses when no Railway employee is responsible?
Which authority level is allowed to re-delegate powers under the specified items?
Which authority level is allowed to re-delegate powers under the specified items?
Important cases of loss must be reported to the Railway Board when the loss involved exceeds what amount?
Important cases of loss must be reported to the Railway Board when the loss involved exceeds what amount?
Which provision allows the General Manager to write off losses?
Which provision allows the General Manager to write off losses?
What is the role of the General Managers regarding quoting station to station rates?
What is the role of the General Managers regarding quoting station to station rates?
Which of the following is NOT a condition for writing off losses due to responsible Railway employees?
Which of the following is NOT a condition for writing off losses due to responsible Railway employees?
For losses not exceeding what amount is there no need to report unless unusual features are present?
For losses not exceeding what amount is there no need to report unless unusual features are present?
In which scenario does the General Manager have full power to authorize the payment to surveyors engaged for the assessment of the value of damaged consignments?
In which scenario does the General Manager have full power to authorize the payment to surveyors engaged for the assessment of the value of damaged consignments?
Which of the following is NOT a condition that requires the General Manager to seek higher authority approval for a payment?
Which of the following is NOT a condition that requires the General Manager to seek higher authority approval for a payment?
Which of the following expenses requires the approval of the Railway Board?
Which of the following expenses requires the approval of the Railway Board?
Which category of claims are subject to the power of the General Manager, provided they do not exceed the stipulated amounts?
Which category of claims are subject to the power of the General Manager, provided they do not exceed the stipulated amounts?
What is the maximum amount that can be paid by the General Manager for a claim settled out of court involving a military personnel without requiring approval from the Railway Board?
What is the maximum amount that can be paid by the General Manager for a claim settled out of court involving a military personnel without requiring approval from the Railway Board?
What is the maximum amount the General Manager can pay for a claim settled out of court, if it involves an ordinary passenger, without requiring approval from the Railway Board?
What is the maximum amount the General Manager can pay for a claim settled out of court, if it involves an ordinary passenger, without requiring approval from the Railway Board?
For which type of claims does the Railway Board need to be informed about the circumstances leading to their settlement?
For which type of claims does the Railway Board need to be informed about the circumstances leading to their settlement?
Which of the following actions requires the General Manager to seek approval from higher authority?
Which of the following actions requires the General Manager to seek approval from higher authority?
What is the maximum amount the General Manager can pay to a private individual for arbitration fees before requiring approval from the Railway Board?
What is the maximum amount the General Manager can pay to a private individual for arbitration fees before requiring approval from the Railway Board?
What is the maximum amount the General Manager can pay for a contribution to a medical institution providing medical aid to Railway employees, without requiring approval from higher authorities?
What is the maximum amount the General Manager can pay for a contribution to a medical institution providing medical aid to Railway employees, without requiring approval from higher authorities?
What is the maximum amount that can be paid for arbitration fees to private individuals without requiring higher authority approval?
What is the maximum amount that can be paid for arbitration fees to private individuals without requiring higher authority approval?
Which circumstances exempt certain charges from the higher authority's sanctioning power?
Which circumstances exempt certain charges from the higher authority's sanctioning power?
What is the daily fee limit for engaging counsel in the Supreme Court without requiring higher authority approval?
What is the daily fee limit for engaging counsel in the Supreme Court without requiring higher authority approval?
What is the threshold amount for contributions to a professional institution without requiring higher authority approval?
What is the threshold amount for contributions to a professional institution without requiring higher authority approval?
What is the maximum compensation amount for ordinary passengers involved in railway accidents according to established rules?
What is the maximum compensation amount for ordinary passengers involved in railway accidents according to established rules?
In which scenario can a Railway employee's irrecoverable loss be written off without higher authority approval?
In which scenario can a Railway employee's irrecoverable loss be written off without higher authority approval?
Which of the following actions requires the General Manager to seek higher authority approval?
Which of the following actions requires the General Manager to seek higher authority approval?
What is the maximum amount that can be paid for a claim settled out of court involving ordinary passengers without requiring approval from the Railway Board?
What is the maximum amount that can be paid for a claim settled out of court involving ordinary passengers without requiring approval from the Railway Board?
What is the prescribed daily rate limit for engaging counsel in other High Courts without requiring higher authority approval?
What is the prescribed daily rate limit for engaging counsel in other High Courts without requiring higher authority approval?
What is the threshold amount for claims settled out of court related to railway accidents?
What is the threshold amount for claims settled out of court related to railway accidents?
Which scenario requires that the details of a claim be reported to the Railway Board?
Which scenario requires that the details of a claim be reported to the Railway Board?
For which of the following types of claims does the Law Officer need to provide advice before settlement?
For which of the following types of claims does the Law Officer need to provide advice before settlement?
What is the maximum compensation amount that may be authorized for claims due to negligence or carelessness on the part of the Railway?
What is the maximum compensation amount that may be authorized for claims due to negligence or carelessness on the part of the Railway?
What must the General Manager do if handling a claim that exceeds Rs. 50,000 related to an arbitration award?
What must the General Manager do if handling a claim that exceeds Rs. 50,000 related to an arbitration award?
What is required for the General Manager to authorize expenditure beyond the established limit for refunds?
What is required for the General Manager to authorize expenditure beyond the established limit for refunds?
Which of the following is NOT a responsibility of the General Managers regarding claims?
Which of the following is NOT a responsibility of the General Managers regarding claims?
If a claim involves military duty, what is the maximum amount that can be authorized without going through higher authority?
If a claim involves military duty, what is the maximum amount that can be authorized without going through higher authority?
Under what condition is a contractor's payment allowed to exceed Rs. 50,000 due to an arbitrator's award?
Under what condition is a contractor's payment allowed to exceed Rs. 50,000 due to an arbitrator's award?
Which circumstance necessitates that the General Manager refer a matter to the Railway Board?
Which circumstance necessitates that the General Manager refer a matter to the Railway Board?
Under what condition may the General Manager not sanction expenditure without prior approval?
Under what condition may the General Manager not sanction expenditure without prior approval?
What must be considered when General Managers exercise their delegated powers?
What must be considered when General Managers exercise their delegated powers?
What maximum value of irrecoverable losses can be written off by the General Manager without the Railway Board's notification, when a Railway employee is responsible for the loss?
What maximum value of irrecoverable losses can be written off by the General Manager without the Railway Board's notification, when a Railway employee is responsible for the loss?
For which type of loss does the General Manager not require notification to the Railway Board unless it shows unusual features?
For which type of loss does the General Manager not require notification to the Railway Board unless it shows unusual features?
Which type of claims can be settled with full powers by the authority without the involvement of the Railway Board?
Which type of claims can be settled with full powers by the authority without the involvement of the Railway Board?
What limitation is placed on the powers of the General Managers regarding negotiations and contracts?
What limitation is placed on the powers of the General Managers regarding negotiations and contracts?
What is the minimum value of irrecoverable losses that can be written off by the General Manager if no employee is responsible for the loss?
What is the minimum value of irrecoverable losses that can be written off by the General Manager if no employee is responsible for the loss?
What is the required action if a General Manager needs to authorize a payment due to damages caused by negligence above a certain threshold?
What is the required action if a General Manager needs to authorize a payment due to damages caused by negligence above a certain threshold?
What requirement exists for the General Managers when delegating powers to subordinates?
What requirement exists for the General Managers when delegating powers to subordinates?
Which statement is true regarding the powers under item (vii) concerning irrecoverable losses?
Which statement is true regarding the powers under item (vii) concerning irrecoverable losses?
What must the General Manager ensure when exercising delegated powers?
What must the General Manager ensure when exercising delegated powers?
Which aspect of financial management cannot be bypassed by the General Managers?
Which aspect of financial management cannot be bypassed by the General Managers?
For which scenario must the General Manager consult the Railway Board for higher authority approval?
For which scenario must the General Manager consult the Railway Board for higher authority approval?
What powers are outlined for the General Managers concerning station-to-station rates?
What powers are outlined for the General Managers concerning station-to-station rates?
What is the rationale for the Railway Board's involvement in the General Manager's decisions?
What is the rationale for the Railway Board's involvement in the General Manager's decisions?
What must the General Manager do if they encounter a difference in opinion with the Financial Adviser?
What must the General Manager do if they encounter a difference in opinion with the Financial Adviser?
What does an important case of loss reported to the Railway Board typically involve?
What does an important case of loss reported to the Railway Board typically involve?
What is the correct limit for writing off inefficient balances under Suspense Heads without needing further approvals?
What is the correct limit for writing off inefficient balances under Suspense Heads without needing further approvals?
Which of the following powers is explicitly permitted to the General Managers under the provisions outlined?
Which of the following powers is explicitly permitted to the General Managers under the provisions outlined?
What is the maximum amount that can be refunded for fare and freight without prior approval from a higher authority?
What is the maximum amount that can be refunded for fare and freight without prior approval from a higher authority?
Who must General Managers consult with before delegating their powers to subordinate authorities?
Who must General Managers consult with before delegating their powers to subordinate authorities?
In the event of a disagreement between the General Manager and the Financial Adviser and Chief Accounts Officer, what should occur next?
In the event of a disagreement between the General Manager and the Financial Adviser and Chief Accounts Officer, what should occur next?
What document outlines General Managers' powers in financial matters?
What document outlines General Managers' powers in financial matters?
What is the key power of General Managers concerning expenditure?
What is the key power of General Managers concerning expenditure?
What is the primary purpose of the rules outlined in the document regarding the powers of General Managers in commercial matters?
What is the primary purpose of the rules outlined in the document regarding the powers of General Managers in commercial matters?
Which of the following is a key requirement for exercising the powers delegated by the General Managers to subordinate authorities?
Which of the following is a key requirement for exercising the powers delegated by the General Managers to subordinate authorities?
Who has the authority to revise the powers of General Managers in financial matters?
Who has the authority to revise the powers of General Managers in financial matters?
What is the maximum amount that can be paid for a claim settled out of court, if it involves a military personnel, without requiring approval from the Railway Board?
What is the maximum amount that can be paid for a claim settled out of court, if it involves a military personnel, without requiring approval from the Railway Board?
What is the maximum amount of irrecoverable losses that can be written off by the General Manager without reporting to the Railway Board if a Railway employee is NOT responsible for the loss?
What is the maximum amount of irrecoverable losses that can be written off by the General Manager without reporting to the Railway Board if a Railway employee is NOT responsible for the loss?
In which scenario does the General Manager need to report to the Railway Board about losses?
In which scenario does the General Manager need to report to the Railway Board about losses?
What is the maximum amount that a General Manager can pay for a claim settled out of court involving a military personnel without requiring approval from the Railway Board?
What is the maximum amount that a General Manager can pay for a claim settled out of court involving a military personnel without requiring approval from the Railway Board?
What is the maximum value of irrecoverable losses that the General Manager can write off without reporting to the Railway Board when no Railway employee is responsible for the loss?
What is the maximum value of irrecoverable losses that the General Manager can write off without reporting to the Railway Board when no Railway employee is responsible for the loss?
What is the maximum amount that the General manager can pay for a claim settled out of court involving an ordinary passenger, without requiring approval from the Railway Board?
What is the maximum amount that the General manager can pay for a claim settled out of court involving an ordinary passenger, without requiring approval from the Railway Board?
What is the maximum amount the General Manager can authorize for a claim settled out of court, according to item vi(a)?
What is the maximum amount the General Manager can authorize for a claim settled out of court, according to item vi(a)?
Which type of claim requires the General Manager to report details to the Railway Board for expenditure exceeding Rs. 25,000?
Which type of claim requires the General Manager to report details to the Railway Board for expenditure exceeding Rs. 25,000?
In what scenario does the General Manager have full power to authorize payment to surveyors engaged for assessing damaged consignments?
In what scenario does the General Manager have full power to authorize payment to surveyors engaged for assessing damaged consignments?
Which of the following requires the General Manager to seek higher authority approval?
Which of the following requires the General Manager to seek higher authority approval?
In which case can the General Manager write off an irrecoverable loss without reporting to the Railway Board?
In which case can the General Manager write off an irrecoverable loss without reporting to the Railway Board?
Which of the following requires the General Manager to seek approval from higher authority?
Which of the following requires the General Manager to seek approval from higher authority?
When can the General Manager write off amounts due to the Railways without higher authority approval?
When can the General Manager write off amounts due to the Railways without higher authority approval?
What is the maximum amount the General Manager can pay for a claim settled out of court involving an ordinary passenger without requiring approval from the Railway Board?
What is the maximum amount the General Manager can pay for a claim settled out of court involving an ordinary passenger without requiring approval from the Railway Board?
What are the circumstances under which wharfage, demurrage, storage, and lost property charges can be written off or refunded by the Railway Administration without the sanction of higher authority?
What are the circumstances under which wharfage, demurrage, storage, and lost property charges can be written off or refunded by the Railway Administration without the sanction of higher authority?
What is the maximum amount that can be paid for a claim decreed by a court of law, without requiring higher authority approval?
What is the maximum amount that can be paid for a claim decreed by a court of law, without requiring higher authority approval?
Flashcards
Compensation for railway accidents
Compensation for railway accidents
Monetary remuneration for injuries/damages caused by railway negligence.
Claims decreed by Court
Claims decreed by Court
Court-awarded payments for damages or injuries caused by railways.
Out of court settlements
Out of court settlements
Agreements reached without court intervention, often quicker.
Power to pay compensation
Power to pay compensation
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Limit for compensation claims
Limit for compensation claims
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Railway Board reporting
Railway Board reporting
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Claims settled by arbitration
Claims settled by arbitration
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Claims for loss or damage
Claims for loss or damage
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Negligence or carelessness
Negligence or carelessness
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Public compensation limit
Public compensation limit
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General Manager Powers
General Manager Powers
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Financial Code Appendix
Financial Code Appendix
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Liberalization of Powers
Liberalization of Powers
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Expenditure Sanctioning
Expenditure Sanctioning
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Delegation of Powers
Delegation of Powers
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Re-delegation
Re-delegation
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Financial Adviser Role
Financial Adviser Role
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Railway Board Orders
Railway Board Orders
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Refund of Fare/Freight
Refund of Fare/Freight
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Codal Provisions
Codal Provisions
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Railway write-off limit
Railway write-off limit
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Wharfage charges
Wharfage charges
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Supreme Court appeal
Supreme Court appeal
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Railway Counsel fees
Railway Counsel fees
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Counsel per day charges
Counsel per day charges
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Arbitration fees limit
Arbitration fees limit
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Medical institution contributions
Medical institution contributions
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Professional institution subscription
Professional institution subscription
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Central Government compensation rules
Central Government compensation rules
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Contractor Payment Exceeding Limits
Contractor Payment Exceeding Limits
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General Conditions of Contract Deficiencies
General Conditions of Contract Deficiencies
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Irrecoverable Loss Write-Off
Irrecoverable Loss Write-Off
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Non-Employee Loss Write-Off
Non-Employee Loss Write-Off
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Reporting Large Losses
Reporting Large Losses
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Unusual Features in Loss
Unusual Features in Loss
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Suspense Heads Balance
Suspense Heads Balance
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Station Rate Quoting
Station Rate Quoting
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Role of the General Manager
Role of the General Manager
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Higher Authority Sanction
Higher Authority Sanction
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Railway write-off criteria
Railway write-off criteria
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Supreme Court appeal process
Supreme Court appeal process
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Counsel fee limitations
Counsel fee limitations
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Private arbitration fees
Private arbitration fees
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Compensation rules for accidents
Compensation rules for accidents
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Wharfage charge exceptions
Wharfage charge exceptions
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Sanctioning fees for surveyors
Sanctioning fees for surveyors
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Compensation Limits
Compensation Limits
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Out of Court Claims Limit
Out of Court Claims Limit
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Court-Decreed Claims Powers
Court-Decreed Claims Powers
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Claims Reporting Requirement
Claims Reporting Requirement
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Public Compensation Conditions
Public Compensation Conditions
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Claims Beyond Limits
Claims Beyond Limits
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Compensation for Damaged Goods
Compensation for Damaged Goods
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Authority Delegation Restrictions
Authority Delegation Restrictions
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Contractor Payment Excess
Contractor Payment Excess
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Contract Deficiency Reporting
Contract Deficiency Reporting
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Irrecoverable Loss Criteria
Irrecoverable Loss Criteria
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Important Loss Reporting
Important Loss Reporting
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Unusual Loss Features
Unusual Loss Features
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Suspense Heads Write-Off
Suspense Heads Write-Off
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Station Rate Quoting Powers
Station Rate Quoting Powers
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Fiscal Write-Off Limit
Fiscal Write-Off Limit
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Loss Notification Process
Loss Notification Process
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Railway Debt Write-Off Limit
Railway Debt Write-Off Limit
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Counsel Fee Cap
Counsel Fee Cap
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Medical Institution Contribution Cap
Medical Institution Contribution Cap
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Professional Institution Subscription Limit
Professional Institution Subscription Limit
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Compensation for Ordinary Passengers
Compensation for Ordinary Passengers
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General Manager Full Powers
General Manager Full Powers
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Loss Reporting to Railway Board
Loss Reporting to Railway Board
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Financial Write-Off Criteria
Financial Write-Off Criteria
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Public Compensation for Railway Accidents
Public Compensation for Railway Accidents
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Claims Settled Out of Court
Claims Settled Out of Court
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Court-Decreed Claims Reporting
Court-Decreed Claims Reporting
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Compensation for Injury Claims
Compensation for Injury Claims
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Claims Payment Powers
Claims Payment Powers
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Arbitration Settlement Powers
Arbitration Settlement Powers
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Claim Limits for Negligence
Claim Limits for Negligence
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Reporting Large Compensation Payments
Reporting Large Compensation Payments
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Conditions for Out of Court Settlements
Conditions for Out of Court Settlements
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Higher Authority Involvement
Higher Authority Involvement
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Previous Sanction Requirement
Previous Sanction Requirement
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Re-delegation of Powers
Re-delegation of Powers
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Financial Adviser Consultation
Financial Adviser Consultation
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Railway Board Regulations
Railway Board Regulations
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Expenditure Sanction Limits
Expenditure Sanction Limits
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Refund of Fares
Refund of Fares
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Contractor Payment Limits
Contractor Payment Limits
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Contract Condition Deficiencies
Contract Condition Deficiencies
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Irrecoverable Loss Limits
Irrecoverable Loss Limits
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Loss Reporting Requirement
Loss Reporting Requirement
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Suspense Heads Write-Off Authority
Suspense Heads Write-Off Authority
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Fiscal Write-Off Criteria
Fiscal Write-Off Criteria
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Study Notes
Powers of General Managers in Commercial Matters
- General Managers' powers are detailed in Appendix 11 of the Indian Railway Financial Code, Volume I. These powers have been revised over time.
- General Managers cannot sanction certain expenditures or handle specific matters without prior approval from a higher authority.
- Rules permit delegated powers to subordinate authorities, subject to Financial Advisor and Chief Accounts Officer consultation. Delegations must also comply with existing regulations issued by the Railway Board.
- Delegated powers are constrained by existing rules and regulations and Railway Board directives on expenditure, economy and other matters.
- Railway Board can impose restrictions regarding expenditure, economy, and other matters.
- Refunds or write-offs of amounts exceeding specific thresholds require higher authority approval.
- Refunds or write-offs of fares/freight (over ₹20,000 each case).
- Write-offs of amounts due to Railways (over ₹10,000 each case).
- Wharfage, demurrage, storage, and lost property charges can be handled without higher authority approval.
- Legal proceedings (Supreme Court appeals, counsel engagement exceeding specific rates—₹1,050/day in Supreme Court or High Courts, ₹750/day elsewhere; engagement of counsel exceeding prescribed scales) and arbitration fees requiring higher authority approval, including those exceeding ₹5,000.
- Compensation payments in cases of railway accidents have certain limits for different categories of passengers (ordinary passengers, military personnel, general public), and are subject to specific laws and guidelines.
- Payment for assessments of damaged consignments is within the General Manager's authority.
- General Managers can write off certain debts below specific thresholds (under ₹10,000).
- Important loss cases, and loss cases concerning employee's liability (exceeding ₹50,000), should be reported to the Railway Board, as well as cases with unusual features or serious procedural defects.
- Inefficient balances under suspense accounts not exceeding ₹1 lakh can be written off by the General Manager.
- General Managers have authority for quoting station-to-station rates as contained in Chapter II of the Code.
- In certain cases involving compensation for railway accidents, the General Manager has full powers for payments up to specific thresholds.
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