Para 10.11 — CAM

10.11 INVESTMENTS 10.11.1 Investments are made by Government mostly in Public Sector Undertakings or statutory corporations. In addition to the scrutiny of sanctions for payment on the lines of payment of loans and other bills, PAO shall also ascertain whether Government has actually received shares against the investment

(s) made by it in the concerned company. A record of the investments made by Union Government in statutory corporations, public sector companies, other joint stock companies, cooperative banks and societies etc. shall be kept in a "Register of Investments" in Form CAM-60. This register shall be maintained by the Pr.Accounts Office or Pay and Accounts Office responsible for the release of funds for investments. The receipt of dividends shall also be watched through this register.