(A GOVERNMENT OF INDIA ENTERPRISE)   
Eastern Coalfields Limited
13, R N Mukherjee Road
Kolkata
NCS/OFF-ALLOT/087                                                                                                 Dated : 01.03.2007
 

                                            NOTICE

 
The following system of payment for non core sector consumers (both under linkage & E-Booking) is being introduced for programmes submitted for Rail mode on and from 1st March 2007.
 
  1. The E Booking and Non Core sector linked customers / consumers of ECL can book their Rail programmes against Cash advance and / or Bank Guarantee covering the total value of the rake.
 
  1. For customers / consumers who have booked Rail programme partially / fully against Bank Guarantee, a notice will be displayed in the Notice Board at ECL Sales Office, Kolkata at least 2 days in advance before the schedule date of offer to the Railways for allotment and the customers / consumers will be required to deposit cheque or demand draft or pay order along with debit advice to the tune of Bank Guarantee involved in the programme at least one day before the scheduled date of offer to the Railways for allotment.
 
  1. On receipt of cheque / demand draft / pay order of appropriate value, the offer will be sent to the Railways for allotment and loading as usual.
 
  1. In case of non-deposition of value, mentioned above, for E booking programmes, the consent to that rake will be withdrawn and it will attract the provision of forfeiture of EMD as per E Booking scheme. Similarly, for non core sector linked units the consent of the said rake will be withdrawn and shall be treated as cancelled by the party.
 
For multi-consumer rake, in case of non deposition of value by one or more of the concerned customer, the consent for the full rake will be withdrawn from Railways. In case of non core linked units, while the programme for defaulting unit/s will be treated as cancelled, the programme for others will be treated as lapsed.
 
  1. In case a customer cheque is dishonored due to any reason,
a)      the customer will have deposit the value through Demand Draft within 24 hours of display of the same on the Notice Board.
b)      Any demurrage incurred on this account will be realized from the customer.
c)      Interest shall be charged for the delayed period.
d)     The cheque facility to the customer will be stopped for at least 3 months.
 
  
  1. On realization of the payment, the Bank Guarantee shall be free for subsequent utilization or for release.
 
  1. No deviation of the above system will be allowed for destination under restriction by Railways.