Accordingly, she must restitute the amount of the remaining undocumented withdrawn cash bonds, after a determination of the exact amount thereof taking into account that she submitted official receipts, orders, and acknowledgment receipts in partial compliance with the Court's 25 July 2011 Resolution in A.M. No. P-11-2959. A.M. No. P-14-3230 In A.M. No. P-14-3230, the Court disagrees with the recommendation of the OCA. Licay is guilty of grave misconduct and gross neglect of duty. Under Administrative Circular No. 3-2000, [34] the duty of the clerk of court is to receive JDF collections in their respective courts, issue the proper receipts and maintain a separate cash book properly marked as "CASH BOOK FOR JUDICIARY DEVELOPMENT FUND." The clerk of court shall then deposit such collections every day and render the proper Monthly Report of Collections and Deposits for said Fund within ten (1 0) days after the end of every month. Section 3-C of the JDF and SAJ procedural guidelines in Administrative Circular No. 35-2004, as amended, [35] provides that the daily remittance of JDF and SAJ collections is required. OCA Circular No. 50-95 [36] provides that all collections from bailbonds, rental deposits and other fiduciary collections shall be deposited with the Land Bank of the Philippines by the clerk of court concerned. The deposit must be made within 24 hours from receipt. In localities where there are no Land Bank of the Philippines branches, fiduciary collections shall be deposited by the clerk of court with the provincial, city or municipal treasurer. To implement these circulars, OCA Circular No. 113-2004 [37] requires clerks of court to submit monthly reports for three funds: JDF, SAJ, and FF. In the present case, Licay not only failed to fully comply with her duty as Clerk of Court based on the provisions of law, but likewise continuously ignored the reminders and stern warnings of the OCA and the Court to submit the missing Monthly Financial Reports. Even if she partially complied on some months, the 15 June 2011, 14 December 2011, 13 February 2013 and 23 October 2013 Court Resolutions still went unheeded and she deliberately failed to submit the Monthly Financial Reports. Evidently, Licay committed the grave offense of grave misconduct for her obstinate refusal to comply with the repeated directives of the Court requiring her to submit the Monthly Financial Reports. In Office of the Court Administrator v. Ganzan , [38] the Court stated that a resolution of the Court should not be construed as a mere request and should be complied with promptly and completely. In Alday v. Cruz, Jr. , [39] the Court reiterated that directives issued by this Court are not to be treated lightly, certainly not on the pretext that one has misapprehended the meaning of said directives. Effective and efficient administration of justice demands nothing less than a faithful adherence to the rules and orders laid down by this Court. In Office of the Court Administrator