Third-party payment notices require banks, post offices and insurers to pay government sums held for debtors without documents. A proper officer may require any person who owes or holds money for a debtor to pay to the credit of the Central Government sums sufficient to satisfy the debtor's customs liability, payable forthwith or within a specified time; recipients, including post offices, banks and insurers, must comply and need not require production of passbooks or policies before making payment; failure to comply makes the recipient a defaulter subject to the Chapter's consequences.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Third-party payment notices require banks, post offices and insurers to pay government sums held for debtors without documents.
A proper officer may require any person who owes or holds money for a debtor to pay to the credit of the Central Government sums sufficient to satisfy the debtor's customs liability, payable forthwith or within a specified time; recipients, including post offices, banks and insurers, must comply and need not require production of passbooks or policies before making payment; failure to comply makes the recipient a defaulter subject to the Chapter's consequences.
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