The Uttar Pradesh Occupational Safety, Health and Working Conditions Rules, 2026
Rule 85. Refund of security deposit of sub-section (2) of section 48
Official text
(1) On expiry of the period of licence or after the completion of the work, the contractor may, if he does not intend to have his licence renewed further, make an application along with a no-objection certificate issued by principal employer in this regard, electronically to the Authority for the refund of the security deposited by him along with the copy of licence and notice of completion of work and bank details in which amount is required to be refunded.
(2) If the licensing authority is satisfied that there is no breach of the conditions of licence or there is no order for the forfeiture of security deposit or any portion thereof, he shall direct the refund of the security deposit to the applicant.
(3) If there is any order directing the forfeiture of any portion of contractor‘s security deposit, the amount to be forfeited shall be deducted from the security deposit, and balance, if any, shall be refunded to the contractor.
(4) Any application for refund shall, as far as possible, be disposed of within thirty days of the receipt of the application.
(5) Record of security amount deposited and refunded shall be maintained in Form–30 electronically by the Authority.