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Termination/Transfer Of Grant



1. The LSRB reserves the right of termination of the grant at any stage, if convinced that the grant has not been properly utilised or appropriate progress is not being made.

2. In case an investigator to whom a project has been sanctioned, leaves the institution or goes abroad on deputation etc, the executive authority of the institution will ensure that the investigator submits a detailed report of the work done before being relieved. All equipment/stores purchased must be properly accounted for and the LSRB informed about the resignation etc of the investigator of the project/scheme, and the possibility of continuing and bringing the project to a satisfactory conclusion under some other suitable investigator. The Secretary of the Board may also agree to the continuation of the project by the same investigator at his new institution, if in his opinion, this will be in the best interest of the project, provided the executive authority of the new institution also agrees to the continuation of the project. In such a case, the former institution will transfer all the connected equipment/stores purchased for the scheme, to the new institution.

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