Remittance procedures require separate challans for cash and cheque payments and Reserve Bank acknowledgment for account credits. Payments received in cash and by cheque for the Official Liquidator's Account must be remitted to the Reserve Bank under separate challans, and an ... Summary
Remittance procedures require separate challans for cash and cheque payments and Reserve Bank acknowledgment for account credits.
Payments received in cash and by cheque for the Official Liquidator's Account must be remitted to the Reserve Bank under separate challans, and an acknowledgment from the Reserve Bank must be obtained for all moneys remitted to the credit of that account.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.