SOP updated including Amendment no.54 dated 01.06.2020

SOP updated including Amendment no.54 dated 01.06.2020

SCHEDULE OF POWERS OF RAIL VIKAS NIGAM LIMITED

(Updated version of SOP issued vide No. C/Policy/Tender Cell dated 1.10.2009 duly embodying all amendments up to Amendment No. 54 dated 01.06.2020)

POWERS OF THE CHAIRMAN AND MANAGING DIRECTOR (CMD)

The Chairman and Managing Director is authorized to exercise in full all or any of the powers vested in the Board of Directors of the Company (as incorporated in the Articles of Association) for the management and administration of the Company except on matters as listed in Annexure-A which requires the approval of the Board of Directors and/or the Central Government. He will report to the Board of Directors salient features of all offers made/contracts signed by him.