Subscription terms for sovereign gold bonds set form and per-person annual limits; pricing set by weekly average gold closing prices. Subscriptions are in gram-denominated units with prescribed per-person annual minimum and maximum limits and a joint-holding rule applying those limits to the first applicant. The issue price is in Indian Rupees and is determined by the simple average of the previous week's closing price for 999 purity gold as published by the India Bullion and Jewelers' Association Limited.
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Provisions expressly mentioned in the judgment/order text.
Subscription terms for sovereign gold bonds set form and per-person annual limits; pricing set by weekly average gold closing prices.
Subscriptions are in gram-denominated units with prescribed per-person annual minimum and maximum limits and a joint-holding rule applying those limits to the first applicant. The issue price is in Indian Rupees and is determined by the simple average of the previous week's closing price for 999 purity gold as published by the India Bullion and Jewelers' Association Limited.
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