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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Clause 131 of Finance Bill 2015: Public Debt Management Agency's certificates as prima facie evidence for government securities ownership.</h1> Clause 131 of the Finance Bill, 2015, under the Public Debt Management Agency, establishes that a certificate issued by the Agency serves as prima facie evidence of ownership of Government securities. The issuance, form, and registration details of such certificates are to be prescribed. For securities held in depository form, the depository's record is considered prima facie evidence. The Bill proposes creating the Public Debt Management Agency to manage public debt efficiently, under the Central Government's supervision, with responsibilities including issuing securities, managing payments, and trading in Government securities, while being exempt from taxes.
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