Section 7: Refund of Dues

7. Refund of Dues : (A) The following are the details of refundable amounts :- 1) Institution Caution Money. 2) Hostel Caution Money (B) (a) Institution Caution Money :- The institution Caution money shall be refunded to a student on his/her written request before his/her leaving the institution at the end of the final year or earliest, if he/she leaves the institution finally for any reasons, on production of No Dues Certificate from all Head of Deptts. and other authorities as prescribed for the purpose. (b) Hostel Caution Money :- The Hostel Caution Money shall be refunded to a student on his/her written request for finally leaving the Hostel and on production of a 'No Dues Certificate’ from the warden of the Hostel concerned duly counter-signed by the Chief Warden. (c) General : (i) Non-refundable dues once credited to the Non-Govt. Fund Account shall not be refunded in any case. The refund to the students shall be made after making all necessary deductions of outstanding dues as reported by the concerning authorities on the ‘No Dues Certificates’. (ii) It shall be the responsibility of the student to collect refundable dues before he/she leaves the Institution either in case of final year student or in case of leaving the Institution in the middle of session under special circumstances. If a student is unable to collect the refundable dues, prior to his/her leaving the Institution, he/she shall be required to submit an application in writing, under A/D cover for such refund within three years of the date of leaving the institution, failing which his/her claim for refund shall be forfeited and the amount shall be credited to Govt. Account under Receipt Head - Miscellaneous Receipts. (iii) The amount due, shall be refunded either in person or on production of an authority from the student concerned duly attested by a gazetted officer known to the Principal or by a Magistrate. (iv) In case of death of a student and other circumstances under which it is not possible for the student to receive the money in person, the amount due to him /her, shall be refunded to his/her guardian whose name appears in the record of the Institution or to the legal heir on production of necessary certificates. (v) The payee, in token of having received the sum, shall be required to submit a stamped receipt for a sum exceeding Rs. 5000/-