Section 499:
Liability of Commissioner, etc., for loss, waste or mis-application of Municipal Fund or property
(1)
1
[Every councillor and every person referred to in clause (b) of sub-section (3) of section
3, the Commissioner,]
2
*** and every municipal officer and other municipal employee shall be liable for
the loss, waste or misapplication of any money or other property owned by or vested in Corporation, if
such loss, waste or misapplication is a direct consequence of his neglect or misconduct and a suit for
compensation may be instituted against him by 3[4[the Corporation]] with the previous sanction of the 5
***
6[Central Government] or by the 5
*** 6[CentralGovernment].
(2) Every such suit shall be instituted within three years after the date on which the cause of action
arose.
Notes:
1. Subs. by Act 67 of 1993, s. 126, for "Every councillor and alderman, the Commissioner, the General Manager
(Electricity)," (w.e.f. 1-10-1993).
2. The words and brackets " , the General Manager (Transport)" omitted by Act 71 of 1971, s. 7(b) and the Second
Schedule (w.e.f. 3-11-1971).
3. Subs. by Delhi Act 12 of 2011, s. 2, for " the Corporation" (w.e.f. 13-1-2012).
4. Subs. by Act 10 of 2022, s. 2, for " a Corporation" (w.e.f. 22-5-2022).
5. The word "Central" omitted by Act 67 of 1993, s. 126 (w.e.f. 1-10-1993).
6. Subs. by Act 10 of 2022, s. 2, for " Government" (w.e.f.22-5-2022).