Presentation Of The award

Presentation, Date and Place:  The awards shall be generally presented at the hands of one of the hon'ble dignitaries occupying the prestigious offices of the
President of India or the Vice-President of India, Speaker of Lok-Sabha, the Prime Minister of India, the Union Home Minister of India, Chief Justice of India.
The awards shall be presented for the first year in Pune, Maharashtra, on the 3rd of February 2005 and in subsequent years at an appropriate place in India.

Medal and Certificate of Award: The award certificate and the prize money shall be presented to each awardee at the formal award presentation ceremony

Acceptance of Award: Each awardee will be requested to signify his/her acceptance of the award before formal announcements are made. Should he/she decline accepting the award, the prize money shall revert to the Committee fund.

Payment of Prize Money:  The Committee shall pay the prize money at the time and place requested by the awardee, provided, however, that no funds shall be held by the Committee for more than sixteen months following formal presentation of the award, and that available bank facilities permit such management of funds as may be requested by an awardees.

Failure to Claim Prize Money : Prize money which remains unclaimed within the period described in Section 15 under this title shall revert to the Committee fund.

Public Lecture : An awardees may be requested to give a public lecture in Pune on a subject related to the achievement for which the award has been made. The actual date of the lecture shall be determined jointly by the Committee Members and the awardees and must ordinarily fall not  later than one week after the presentation of the awards