A Government Servant shall so manage his private affairs as to avoid habitual indebtedness or insolvency. A Government servant against whom any legal proceedings is instituted for the recovery of any debt due from him or for adjudging him as an insolvent shall forthwith report the full facts of the legal proceedings to the Prescribed Authority.
Note.- The burden of proving that the insolvency or indebtedness was the result of circumstances which with the exercise of ordinary diligence, the Government Servant could not have foreseen, or over which he had no control and had not proceeded from extravagant or dissipated habits, shall be upon the Government Servant.
Explanation.- If a Government servant is adjudged or declared insolvent or has incurred debts aggregating a sum which in ordinary circumstances he could not repay within a period of two years or if a part of his salary is frequently attached for debt or has been continuously so attached for a period of two years, or is attached for a sum which in ordinary circumstances he could not repay within a period of two years, he shall be presumed to have contravened this rule.