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The Bar Council shall send to
the Government a monthly statement of income and expendirue,
a monthly B - statement of receipts and payment in respect of the
Welfare Fund stamps so as to reach the Government by
5th of succeeding month. The Bar Council shall also furnish such other rinformation and returns as may be specified by the
Government from time to time. The Government may issue instructions to the Bar
Council to ensure proper working of the scheme and the Bar Council shall be
bound to carry out such instructions of the Government.
- Within 90 days from the close of every accounting
year of the Bar Council, the Bar Council shall send to the Government
audited annual income and expenditure statement and balance sheet in
respect of the transactions relating to Welfare Fund Stamps, duly certified
by a Chartered Accountant, along with a copy of the Auditor's Report.
- It shall be the duty of every Bar' Association to prepare forecast
of their requirements of the stamps and inform the Bar Council in advance.
- Sale of Welfare Fund strnaps through Bar
Association as provided under the Act & Rules - a
discount of ten percent on the total and price of the stmaps
purchased.
- Payment of the purchase of Welfare Fund Stamps shall be by means
of CASH OR DEMAND DRAFT, drawn in favour of K.S.B.c. WELFARE FUND STAMPS ACCOUNTS.
VAKALATH TO BEAR STAMPS
Every Advocate shall affix one Welfare Fund Stamp on
every vakalath filed by him and no vakalath shall be filed before or received by any court,tribunal or other authority unless it so stamped.
COLLECTION AMOUNT DUE TO THE FUND:
1.The amount set apart from the legal benefit fund under sub-section (2) of section 76 of the Karnataka Court Fees and suits valuation Act, 1958, shall be paid to the Fund before the
1st day of August of every year.
Thej2cretary of the
Trustee Committee shall collect all sums specified in sub-section. (2) of section 3 of the Act and deposit the same in the fund
account forthwith.The Bank account shall be jointly operated by the
Secretary and the Chairman or the Treasurer of the Trustee Committee
Substituted by Notification No.LAWllO LCL 2005,@ated 27th May 2005)
3. Separate account shall be maintained for the
receipts under each of clause (b) to (k) of sub-section 2 of
section 3 of the Act.
4. The proceeds of the Sale of Welfare Fund Stamps,effected under Section 22 of the Act, shall be paid by the
Chairman and the Secretary of the Bar Council to the Secretary of the Trustee
Committee within five days, from the close of each calendar month. Delayed
payments shall carry interest at twelve percent per annum.
5. All payments under the Act and these rules by the Bar
Council to the fund, shall be made in the form of an
account payee cheque, drawn in favour
of the Secretary.The Karnataka Advocate's Welfare Fund
Trustee Committee.
FUNCTIONS OF TRUSTEE COMMITTEE:1.
The Trustee Committee may receive applications for payment out of the Fund from
any Member or his nominee as the case may be, in Form No. IV
& IVA.
cr All disbursement of amounts payable under
sections 16 or under section 20 of the Act shall be paid by Account payee cheques signed
by the Secretary and the Chairman or the Treasurer.
The Trustee Committee shall send to t.he Bar Council and the Government quarterly and annual reports showing the receipts to and disbursements from the Fund and other particulars and on such other occasions as may be required by the Bar Council.
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