Transaction of property
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.