What is the effect of non-submission of Request for Relief of Accountability on the loss of properties due to fire, theft or force majeure within the prescribed period allowed by law?

Non-submission means the accountable officer is held liable for the loss. However, in case of delay in the filing of the aforesaid notice and request, satisfactory explanation or the reason(s) for such delay should be submitted, after which the reasons/explanation given should be verified or confirmed by the Auditor concerned.