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SEEA/P/PF/0608
June 17, 2006

Executive Director & I/c,
SAIL/RDCIS,
Ranchi-834004.

Sub: Payment of P.F. Revenue surplus for the years 1996-97 to 2000-2001 by HSPF Trust to its members.

Ref. Copy of letter No.JH/RO/RNC/EXM/935/06/1369 dated 14th June 2006 from RPFC, Ranchi to you on the subject.

Dear Sir,

Please find enclosed herewith a copy of the above referred letter which advises you to distribute the surplus interest earned by the BOT of HSPF Trust as directed by their central office vide their letter No. JH/RO/RNC/EXM/935/03/7297 dated 8th Dec 2003.

Please note that the surplus revenue is illegally held for the last ten years and for three years after the above office order was made by the CPFC. We reminded you in formal communications since September 2005 after the first distribution was made in 2003. We hope and believe that the distribution will be completed in about a fortnight from now.

You may like to note please that not complying with the above order of RPFC is a criminal act and concerned officials will invite punishment under the criminal jurisdiction.

Thanking You,

Yours faithfully,


(V.N.Sharma)