Maharashtra Gazette Amendment Summary

Amended Rule/Section: Form of Bond for Successful Auction-Purchaser (Appendix to Maharashtra Toddy Shops (Grant of Licences by Auction-cum-Tender) Order, 2001)

Type of Change: Insertion / Standardization of Form

What Changed:

This gazette establishes the prescribed format for bonds that must be executed by successful auction-purchasers of toddy shop licenses. The form serves as a legally binding commitment instrument under clause 20 of the Maharashtra Toddy Shops (Grant of Licences by Auction-cum-Tender) Order, 2001. It creates a standardized template for documenting the financial obligations and default penalties applicable to licensees who win toddy shop licenses through the auction/tender process.

The bond format requires the auction winner to acknowledge payment of one-fourth of the bid amount upfront and commits them to pay the remaining balance as prescribed. It includes a forfeiture clause whereby if the licensee defaults on payment or if their license is cancelled under Section 54 of the Bombay Prohibition Act, 1949 before full payment, the unpaid balance amount is automatically forfeited to the Governor of Maharashtra.

Key Details:

• Applicable To: Successful bidders/tenderers at auctions for toddy shop licenses
• Initial Payment Acknowledgment: One-fourth (25%) of bid/tender amount must be paid upfront
• Balance Payment: Remaining three-fourths (75%) payable per clause 20 of the 2001 Order
• Forfeiture Conditions:
  • Default in balance payment according to prescribed manner
  • License cancellation under Section 54 BPA before full payment completion
• Forfeiture Amount: Entire unpaid balance of bid/tender amount
• Beneficiary of Forfeiture: Governor of Maharashtra
• Witness Requirement: Two witnesses must attest the bond execution
• Format Elements: Bidder details (name, address, taluka, district), date, signatures

Effective Date: Appears to be from 2001 (based on date field in form showing "2001")

Authority: Clause 20 of Maharashtra Toddy Shops (Grant of Licences by Auction-cum-Tender) Order, 2001, issued under powers conferred by the Bombay Prohibition Act, 1949

Document Nature: This is a standardized legal instrument (bond format) rather than a substantive rule amendment. It provides the template for financial security/commitment that auction winners must execute to formalize their license acquisition obligations.