DELEGATION OF POWERS TO MANAGING DIRECTOR

1. To sanction or authorize expenditure against any statutory requirement like filing fee, sales tax, salary payment etc. or for services rendered like telex, telephone, postage or any other charges in connection with company's business or other activities. For such items for which no specific provision for revenue expenditure is made, he may authorize expenditure for a sum of Rs. 5,000/- at a time with a ceiling of Rs. 1,00,000/- annually.
2. To sanction or authorize, issue of purchase orders for production and marketing activities against approved programs in accordance with the purchase procedures of the Corporation.
3. To authorize the purchases of furniture, fixture, office equipment, telephone, telex, service equipment or any other capital equipment for a sum up to Rs. 5 Lakhs at a time subject to budgetary provisions. For such items for which no specific budget provision exists, sanction will be limited to Rs. 1,00,000.00 in each case with an over all ceiling of Rs. 5 Lakhs per annum.
4. To sanction payment for purchase of equipment and material for which he is the order placing authority.
5. To sanction additions and alternations in the existing buildings up to a sum of Rs. 50,000/- with an annual limit of Rs. 5 Lakhs.
6. To incur excess expenditure up to 10% in respect of estimates administratively and technically sanctioned by him.
7. To accept tenders for capital works up to a sum of Rs. 10 Lakhs. He is also authorized to give extension in time limits, waiver of reduction of penalty, for such tenders, based on the recommendations received from the officers dealing with the project.
8. To authorize and sanction tour advances, movement orders for travel in India, traveling bills, medical bills, conveyance reimbursements and other bills in accordance with the prescribed rules of the Company. He is also authorized to approve Air journeys in the exigencies of Office work in the cases of personnel who are not normally eligible to travel by Air. He is also authorized to sanction conveyance advance to the employees as per rules of the Company.
9. To authorize entertainment expenditure incurred by the officers and staff of the Company up to a limit of Rs. 500/- in each case and subject o an over all ceiling of Rs. 25,000/- per annum.
10. To undertake visits and tours in India for the discharge of his duty and to draw or sanction advances required by him for the purpose.
11. To authorize and sanction all leave and normal increment to all the officers and staff of the company.
12. To make appointments to all posts where the maximum basic pay does not exceed Rs.1,600/- (Revised Rs. 14,300/-) on the recommendations of a selection committee constituted by him under his authority. If, however, the recommendations of the selection committee are not accepted, reasons for the same should be recorded. He is also authorized to make promotions, acceptance of resignations, fixation of pay on initial appointment, extension of joining time, etc. in respect of all above posts in accordance with the rules of the Corporation.
13. To take disciplinary action against the employees including suspension pending investigation of charges and punish including dismissal of an employee on the basis of departmental proceedings.
14. To sign and execute Business Contracts, MOU etc. for product diversification and new Business Alliance and authorize the officers working under him for executing such business contracts etc. on behalf of the Corporation etc.
15. To sanction advertisement and sales promotion expenditure within the budget approved by the Board.
16. To depute officers and staff for participation in staff development training programs.
17. To award compensation to pay employees or his widow or dependent, where such compensation is required to be made under the law and make payment on compassionate grounds up to Rs. 2,000/- in each case.
18. To approve the quotations for the equipment and the products being sold by the Company and to issue guidelines on price fixation etc. to appoint distributors, dealers, commission agents, etc. wherever necessary and to sign such arrangements for the sales and promotion of company's products. Similarly, he can negotiate and sign agreements for UPLC acting as sole selling agents on behalf of other companies.
19. To arrange for appearance in the Courts, Civil Revenue, Criminal, Original or Appellate and any other offices of the Government or District Board, Municipal Board or any other local authority and to sign and verify plaints, written statements, Petitions of Claims and Objections Memorandum of Appeal and Petitions and applications and other documents and to file them in any such Court or Office. He is also authorized to appoint any Advocate, Vakil, Pleader, or any other Practitioner, if necessary, for the above matters and to incur expenditure not exceeding Rs. 50,000/- at a time. He is further authorized to obtain refund of Stamp Duties or fees and to sign all papers pertaining to excise, sales and income tax matters for the Company anywhere in India. He is also authorized to take or deliver possession of property and to realise debts to the Company.
20. To arrange insurance of the property of the Company against loss or damage by fire or otherwise and to incur the expenditure for the purpose.
21. To write off losses/debts for a sum not exceeding Rs. 25,000/- in each case. All cases of write off above Rs. 15,000/- will be reported to the Board.
22. To appoint, fix pay on initial appointment, confirm, promote, accept resignation, take suitable disciplinary action including dismissal, extend probation etc. in respect of all employees drawing basic salary up to Rs. 18,300/- per month.
23. To grant loans to employees for purchase of conveyance, TV etc. or for any other purpose not specifically defined up to Rs. 50,000/- in each case.
    1. To sanction reimbursement of Medical expenses upto a limit of Rs 50,000/- (Rs fifty thousand only) in case of serious illness, to the employees of the Corporation.
24. To do all other acts, things and deeds necessary or incidental to exercising the powers delegated to him or to take any steps for business promotion or which may otherwise be in the interests of the Company.
25. He may authorize to exercise any or all these powers to the officers of the Corporation working under him and will report to the Board at its next meeting for information.