Public Debt Management Agency empowered to issue and manage government securities, maintain holders' register and perform debt management functions. Clause 127 mandates that the Agency maintain a register of holders of Government securities in a prescribed manner with an index of names, and treats depository registers of beneficial owners under the Depositories Act as the corresponding register and index; Clauses 118-142 create a Public Debt Management Agency empowered to manage public debt, including issuing, purchasing, re issuing and trading Government securities, collecting and publishing debt information, receiving Government directions, making payments to holders in accordance with terms, and enjoying tax exemption.
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Provisions expressly mentioned in the judgment/order text.
Public Debt Management Agency empowered to issue and manage government securities, maintain holders' register and perform debt management functions.
Clause 127 mandates that the Agency maintain a register of holders of Government securities in a prescribed manner with an index of names, and treats depository registers of beneficial owners under the Depositories Act as the corresponding register and index; Clauses 118-142 create a Public Debt Management Agency empowered to manage public debt, including issuing, purchasing, re issuing and trading Government securities, collecting and publishing debt information, receiving Government directions, making payments to holders in accordance with terms, and enjoying tax exemption.
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