Commission for distribution requires receiving offices to allocate a substantial portion of prescribed commission to agents and sub agents. Commission for distribution under the Sovereign Gold Bonds Scheme, 2015 prescribes payment at the rate of rupee one per hundred of the total subscription received by the receiving offices on the applications received, and receiving offices shall share at least 50% of the commission so received with the agents or sub agents for the business procured through them.
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.
Commission for distribution requires receiving offices to allocate a substantial portion of prescribed commission to agents and sub agents.
Commission for distribution under the Sovereign Gold Bonds Scheme, 2015 prescribes payment at the rate of rupee one per hundred of the total subscription received by the receiving offices on the applications received, and receiving offices shall share at least 50% of the commission so received with the agents or sub agents for the business procured through them.
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