The Central Civil Services (Conduct) Rules, 1964
RULE 17. INSOLVENCY AND HABITUAL INDEBTEDNESS:
Government of India Decisions
(1) Channel of submission of report to, and their disposal by Government in matters relating to habitual indebtedness taking part in politics and lending and borrowing.
Rule 4 (2) (Taking part in politics), 13 (6) (lending and borrowing) and (habitual indebtedness) of the CCS (Conduct) Rules, 1955, (now Rules, 5, 16 and 17),a lay down that a Government servant shall make a report to Government of habitual indebtedness or insolvency and certain facts regarding himself or members of his family in the circumstances specified in those rules. Such report should be submitted by the Government servant to his immediate superior who should forward it through the normal channels to the authority competent to remove or dismiss him from service. Except where such authority requires guidance or clarification from a higher authority it shall consider the report and pass appropriate orders on it. If any penalty is to be imposed on the Government servant, the procedure prescribed in the Central Civil Services (Classification, Control and Appeal) Rules will have to be followed. These instructions may be brought to the notice of all Government servants to whom these rules apply.
[MHA O.M. No. 25/40/55-Ests.(A), dated 22.02.1956]